Saturday, 14 May 2016

super Falcons Oshoala wins the FA cup

Nigeria international Asisat Oshoala starred for Arsenal Ladies in their 1-0 win over Chelsea to lift English Women FA Cup title on Saturday.
Oshoala started the encounter and was a delight to watch against fellow Nigeria-born England international Eniola Aluko and came close twice as Danielle Carter's brilliant srike handed victory to Pedro Martinez Losa's ladies at Wembley.
The Super Falcons striker came close in the 43rd and 61st minutes but her efforts were denied before she was replaced in the 88th minute.
The victory saw the Gunners win a record 14th English women FA Cup title and ensured Oshoala lifted her first silverware in England two months after she dumped Liverpool Ladies

The Spanish coach celebrated his third consecutive Bundesliga title with the Bavarian club on Saturday and he admits that he does not plan on going back in the future

Pep Guardiola does not believe he will return to coach Bayern Munich after the Bundesliga champions celebrated their third straight league title under his leadership with a 3-1 victory over already-relegated Hannover.
Mario Gotze scored two and Robert Lewandowski struck his 30th league goal of the season to cement his status as the German top flight's leading scorer.
Guardiola will take charge of Bayern for the last time in next Saturday's DFB-Pokal final against Borussia Dortmund and the coach, who will take over at Manchester City next season, ruled out a return to Bavaria.
"I don't think [I will be back]," Guardiola said. "Bayern need a new coach, to fight on another level."



Spirits were high at the Allianz Arena despite heavy rain during the trophy presentation, with Guardiola and his players showered with beer as part of the celebrations.
Asked how being covered in beer felt, Guardiola said: "Cold! And it stinks. But it's very good - a great tradition. In Barcelona this does not happen.
"I am me. After the first title with Bayern, I was still somewhat shy. Today it was better. Defending the league title is outstanding and a great compliment to these players.
"I learned a lot, it was completely different than in Barcelona. A great experience. I'm a better coach, a little bit. It was very good for me, for my development."
Guardiola added that he wishes he could have won the Champions League with Bayern after being knocked out in the semi-finals in each of his three years in charge.
"I could not win the Champions League for my players," he said. "I'm sorry for the fans and especially for the players.

Teachers Union Seeks Better Welfare In Kogi State

The Nigeria Union of Teachers (NUT) as appealed to the Governor of Kogi State, Yahaya Bello, to take the welfare of teachers in the state more serious                                                                       The unions made the request following myriad of issues affecting the primary education sector in Kogi State.
In a meeting with the Governor of the State, the National President of the union, Mr Micheal Alogba, express the union’s displeasure with the autonomy granted to the local government in the management of primary schools salaries.
The primary schools teachers have in the past reached several agreements without success with previous government on issue affecting them.
The unresolved issue had led to street protests and closed down of primary schools in the state for several months.
But closing down of schools is the last thing in the mind of the union now, as they had chosen to have a conversation with Governor Bello on the way forward.
Reiterating his administration’s commitments to ensuring quality education in the state, the Governor gave reasons behind some of his actions, blaming the state NUT for allowing previous administration play politics with education.
The meeting ended with promises by the Governor to end the problems affecting the teachers in a matter of days, but just like many meetings of its kind that yielded no result in the past, members of the union and indeed teachers in the state are hopeful that this time it would not be empty promises.

Veteran Nollywood actor, Martins Njubuigbo aka Papa Labista, down with Liver disease

Veteran Nollywood actor, Martins Njubuigbo has been diagnosed with Liver disease. Actor Ernest Obi shared the sad news on his Instagram page. He wrote:

"Please help save ELDER MAYA'S life. 

ACTOR. POET. SINGER. an unrepentant THESPIAN. 
MARTINS NJUBUIGBO fondly known as Elder Maya or Papa Labista is down with a chronic liver problem 
One million Naira is needed for immediate operation. 
Let's help save his life whilst he yet lives. Ratther than celebrate him when he is gone. 
Please help bring this Old war horse,who has given d best of his life to entertaining us.. God bless you.. ERNEST OBI

NJUBIGBO MARTIN C ACCOUNT NOS ARE DIAMOUND BANK 0040375990 FIRST BANK 3040564787

Pls do not pay money into any other account.. Shalom


Army Repel Boko Haram Attack On Base, Arrest Sect Leader

Troops of 21 Brigade and rugged team of Armed Forces Special Forces (AFSF) on Operation Crackdown inside Sambisa forest while on harbour for refitting, came under Boko Haram terrorists attack at about 1.45am today morning.
A statement by the Acting Director Army Public Relations, Colonel Sani Kukasheka Usman, added that the “gallant troops successfully repelled the attack”.
“They further followed up with mopping up operations of the general area before advancing. They also recovered 2 corpses of the attackers and the following items; 2 AK-47 rifles, 2 Rocket Propelled Grenade (RPG) bombs, 5 rifle magazines, mortar bombs and a belts of Machine Gun rounds”, he said.
The statement however, “unfortunately” noted that “5 soldiers were wounded in action as a result of mortar fired into the harbour area by the Boko Haram terrorists. The wounded soldiers have been evacuated to the rear for treatment”.
Despite this incident, “the morale of the gallant troops remains very high as they are determined to successfully clear Boko Haram terrorists” the statement maintained.
Boko Haram Leader Arrested
The troops have also arrested one of the declared wanted Boko Haram terrorist leaders and also conducted patrols and clearance operations within the theatre of operations.
At about 1.35pm yesterday (Friday) troops of 143 Battalion arrested one Sulaiman Umaru, a suspected Boko Haram terrorists group member whose photograph is on the poster containing the photographs of the 100 Boko Haram terrorists declared wanted. He has since been moved to 28 Task Force Brigade Headquarters for further investigation.
Troops of 21 Brigade have continued with the clearance operations at Yerimari, while troops of 22 Task Force Brigade Garrison have also embarked on patrols along Dikwa–Mafa-Maiduguri road. The patrol was aimed at picketing the road to keep it safe and open.
Similarly, the same unit in conjunction with some elements of 112 Task Force Battalion conducted a fighting patrol along Dikwa-Gulumba Gana road.
The team had a fierce fire fight with some Boko Haram terrorists elements in which the troops killed quite a number of the Boko Haram terrorists.
Unfortunately, while on their way back, the team ran into an Improvised Explosive Device (IED) at Antul, a village south east of Dikwa, in which 7 soldiers and 4 Civilian JTF accompanying them sustained injuries. The injured soldiers and their civilian counterparts have been evacuated to 7 Division Hospital and Medical Services Maiduguri.
However, the patrol killed 2 Boko Haram terrorists and recovered 2 AK-47 rifles from them.
The patrol team had earlier intercepted 31 Internally Displaced Persons (IDPs), including women and children coming from Sunabaya, Gumule, Garno and Mane-Gana villages.
During preliminary investigations along with the vigilantes, one of the IDPs, Abacha Bulama, a native of Mane-Gana village, was found to be in possession of the sum of N1.9 million.
Although he claimed to be a businessman, his possession of such large amount of money arose suspicion.
While Bulama has been detained for further investigation, other IDPs have been handed over to Dikwa IDP Camp Manager for screening and further humanitarian assistance.
On their part, troops of 254 Task Force Battalion, 25 Task Force Brigade have moved to Ngalimeri and shelled Boko Haram terrorists hideouts at Budumairi, Goneri Baleni, Mallam Maitari, Malemiri and Gombori.
Although there were no signs of the Boko Haram in the area as they have all fled, however, 35 persons were rescued, screened and rehabilitated at Damboa IDP camp. The troops also arrested 2 suspected Boko Haram terrorists with Dane Guns.
In a related development, troops of 192 Battalion, 26 Task Force Brigade also carried out clearance operations at Guduf Buba, Yagwa, Gamude, Kwatara Kasa and Kwatara Tsakiya villages.
It was observed that at Kwatara Tsakiya, the terrorists have neatly removed the roofing of the dispensary and other buildings possibly to cart away later.
Apart of the formations and units mentioned above, quite a number of them have maintained blocking positions to prevent Boko Haram terrorists escaping from Operation CRACKDOWN and aerial bombardment by the Nigerian Air Force, while other troops carry out raids, cordon and searches in suspected Boko Haram terrorists hideouts.
Due to increased security, the theatre is witnessing increased humanitarian activities by various government and non-governmental agencies.

Nanny kidnaps one year old boy in Calabar

According to Facebook user, Chioma Peters, this one year old boy was kidnapped by his nanny in Calabar, Cross Rivers state. She shared the photo above and wrote...
"I've just been informed that a group member's nephew, David Ekpedeme Robinson (a boy of 1 year, 5 months+) has been taken away by the nanny. They live in Calabar, Cross River State. Please if you or anyone you know has an information about this little boys whereabout or anything that will help in the investigation please report to the nearest Police Station. Or you can please dm me with the information. God bless you! May we not lose any of our loved ones!!"

Revert to old pump price or we will begin a total strike on Wednesday May 18th'- NLC threatens FG

The Nigeria Labor Congress, NLC, and its affiliates which includes the Trade Union Congress, TUC, have given the Federal government a 96-hours ultimatum to revert to the old pump price of N86.50 or face a total strike that will begin on Wednesday May 18th.

At a meeting held in Abuja today, NLC President, Ayuba Wabba, said if the government failed to revert to the old price and stop the deregulation of the oil sector by midnight of Tuesday May 17th, the workers would have no option than to embark on a total strike by Wednesday May 18th.


“Since there has not been any increase in salaries, wages or pensions of workers in the past five years, and in the face of devaluations, spiraling inflation and other vagaries of the economy, the increase in fuel price is unrealistic, unaffordable, unacceptable, and is thus rejected. It is evident that the neo-liberal forces in the government have taken over, and we should expect more inhumane policies which will further degrade the living standard of the average Nigerian. The punitive electricity tariff and PMS product prices may just be teasers. The price hike from N86:50 to N145, representing 67.63% increase, is the height of insensitivity and impunity as there was no previous consultation with stake holders, especially the organized labour, or any justification for this reckless decision other than the fact that government believes it is accountable to no one"he said

Pilots, Engineers Back Deregulation Of Oil And Gas Downstream Sector

The National Association of Aircraft Pilots and Engineers (NAAPE) has expressed support for the position of the Federal Government to fully deregulate the downstream sector of the Oil and Gas.                                                                                                                                                    “This step is in the right direction and is long overdue, but its better late than never,” the union said in a statement by its National President, Comrade Isaac Balami.
The union further commended the Federal Government for what it called a bold decision, saying that the subsidy scheme was extremely fraud-prone.
“Trying to reform it was like attempting to reform Satan (devil) – an impossible task. It was therefore best to scrap it.”
Begin Refining
NAAPE further advised the government to ensure that money that would be saved was put into infrastructures that would create jobs for Nigerians and ensure that the nation’s refineries were at optimum production capacity.
It also urged the government to encourage local production to ameliorate the temporary hardship that Nigerians were going through.
In the Aviation industry, the union advised the government to begin the refining of the Aviation fuel popularly known as Jet A1 from the Kaduna and Port Harcourt refinery, pointing out that it would go a long way in reducing the cost of operation and cost of flight ticket.
“Fuel alone constitute about 30 to 40 per cent of the cost of operation.
“The Government should also look into the issue of a National Carrier as promised or strengthen the local domestic Carriers as suggested by various stake holders. One of the above needs to be done ASAP as the industry in currently in a stand still.
“We need more jobs to be created for our pilots and Engineers.
“We want to reiterate our unalloyed support for this novel and bold decision the Federal Government have taken to secure the future of Nigeria,” the Union’s leader stated.
Mr Balami further assured Nigerians that it would not ask Pilots and Aircraft Engineers to go on strike, a statement that negates a decision that the Nigeria Labour Congress may take to force the government to revert the price of petrol which was raised on Wednesday from 86.50 Naira to 145 Naira per litre.
After the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, announced the increase, the labour union said it would resist it.
It issued a four-day ultimatum on Saturday to the Federal Government, asking it to revert to old pump price.
But the Pilot and Engineers’ union said: “As far as we are concern, Nigerians should go ahead with their travel plans. The truth is that the industry itself is already being affected by the current challenges in the country and any move to short down the Aviation Sector will lead to a total collapse of the Sector”.

Fayose is undermining our authority- PDP says, advises him to learn from other PDP governors


The leadership of the Peoples Democratic Party, PDP, has accused the Ekiti state governor, Ayo Fayose, of undermining the party's authority by delving into the affairs of the party's National Working Community.

The National secretary of the party, Wale Oladipo, stated this today while addressing reports that Fayose had asked that the party's South West Congress slated for today to continue despite a court injunction secured by the National Working Committee preventing the congress from holding.

Oladipo lamented that Fayose's attitude was unbecoming and that he needs to learn good behavior from other PDP governors like his Ondo state counterpart, Olusegun Mimiko
“Governor Fayose is not a member of the national working committee of the PDP, but he’s causing confusion with his utterances. We are not dabbling into his government and he has no right to tell us how to run the party here. We have an order of the court stopping the congress. The governor cannot overrule the court. He should behave like other governors who do not dabble into the running of the party at the national level. He should learn from Governor Olusegun Mimiko of Ondo State who respect the party and the president of the country. The order of the court was even published in three national dailies and therefore, he can’t deny he was not aware. Our national legal adviser who is the chief legal adviser of the party, Mr. Victor Kwon, has advised that we comply with the order and we are complying with it. We are not above the law of the land. Those who want to claim they want to organise any conference are doing that on their own, not on behalf of the party. Whatever comes out of it would be null and void because we are not monitoring it.”he said

Oshiomhole Blames Edo APC Crisis On Fifth Columnists

The Governor of Edo State in south-south Nigeria, Adams Oshiomhole, has blamed the differences in the All Progressives Congress (APC) in the state on “some fifth columnists who left the opposition Peoples Democratic Party but do not wish the APC well”                                     Governor Oshiomhole made the claim on Friday when members of the fact-finding and reconciliation committee of the APC for Edo State visited him.
The group was led by Prince Olagunsoye Oyinlola.
At a meeting held at the Government House, in Benin City, the capital of Edo State, Governor Oshiomhole accused the national leadership of the party of not doing enough to tackle the crisis.
Speaking earlier, the Chairman of the APC fact-finding and reconciliation team, said they were in the state with a specific mandate ‘to bring the great APC family in Edo State together once again’.

PDP Zonal Congress: Party Vows To Reclaim Power In 2019

The Peoples Democratic Party (PDP) held its zonal congress on Saturday, with party members expressing optimism that the party will reclaim power in the centre by 2019.                                Five Governors of the PDP in the South-south, party leaders and over 500 delegates from the six states in the region converged on Obi Wali International Conference Centre in Port Harcourt the capital of Rivers State for the South-south zonal congress.
It was held to elect new officers of the party in the zone for the next two years.
Addressing the gathering, the Senate Minority Leader, Mr Godswill Akpabio, said the various congresses must be used to right the wrongs that led to the defeat of the PDP at the federal level.
The new Vice Chairman of the Party in the zone, Emmanuel Ogidi, believes his team will bring all members together.
In the north-west, the zonal congress was held in Kaduna State for the election of leaders that would run the affairs of the party in the zone.
The congress, which was peaceful and orderly, had in attendance former governor of Kaduna State, Ahmed Makarfi, Sule Lamido of Jigawa State among other top officials.
At the end of the congress, the immediate past Zonal Chairman of the party, Ambassador Ibrahim Kazaure, was re-elected for a second time in office along with other executive members.
Some of the PDP faithful at the congress described the exercise as the most peaceful in the history of the party in the zone.
Mr Lamido expresses confidence in the ability of the new leaders to strengthen and unite the party ahead of the 2019 elections.
He also maintained that the PDP was being repositioned to take over power from the all progressive congress in 2019, expressing beliefs that the leadership crisis rocking the party would soon be settled by members and leaders of the party.
Commenting on the conduct of the exercise, the Chairman of the Congress Committee for the North-west Zone and former Governor of Kogi State, Idris Wada, commended the members for their maturity and orderly conduct, during and after the exercise.

Benue State Seeks Accreditation For School Of Nursing

The Benue state Governor, Mr Samuel Ortom, has directed the Ministry of Health to apply for the re-accreditation of the School of Nursing and Midwifery Makurdi.                                                The institution’s operational license was withdrawn in 2014 and the ministry is expected to apply to the Council of Nursing and Midwifery for accreditation.
Governor Ortom gave the directive while on the state wide inspection of ongoing projects ahead of preparations to mark his administration’s One Year Anniversary.
The Governor in company of his commissioners and contractors handling the reconstruction and furnishing of the School of Nursing, said the institution was ready for human capital development.
Governor Ortom arrived at the School of Nursing and Midwifery in company of political appointees and the contractors handling the reconstruction and furnishing of the institution.
Over 80 per cent of the structural work has been completed, while details like furnishing, landscaping and fittings were being installed ahead of the re-accreditation of the institution.
He warned against further delays in seeking for approval to reopen the school.
Done with the inspection at the school, the Governor and his team also visited the Achusa Journalist Village Road where the contractor was working hard to meet the set deadline.
Mr Ortom also inspected the Mobile Police Barrack and Welfare Quarters Road, where he expressed joy on the level of work being done by the contractor, Hajiag Construction Limited.
Both the Governor and the contractor speaks on the project specifications and delivery date.
The Ortom administration is funding over 10 rural and urban road projects across the state in addition to the School of Nursing and Midwifery for the training of Nursing and other health professionals.

Barcelona Win Second Straight Spanish League Title


Barcelona on Saturday won its second straight Spanish league title after defeating Granada 3-0, with a hat trick by Luis Suarez.
The result concluded a five-game winning streak that allowed the Catalan club to finish one point ahead of Real Madrid, which had 90 points from 38 games.
Madrid defeated Deportivo 2-0 in La Coruna with two goals by Cristiano Ronaldo, but it needed Barcelona to stumble to clinch its first title since 2012.
After the final whistle in Granada, Barcelona players formed a circle near the benches and jumped up and down while chanting “Campeones, Campeones.”
Hundreds of fans from both teams invaded the pitch as players struggled to find their way off the pitch.
Barcelona, which finished with 91 points, has won six of the last eight Spanish league titles, and eight of the last 12. It has 24 trophies in total, eight less than Real Madrid, the league’s most successful club.
Saturday’s win helped Barcelona avoid what would have been a disastrous title loss after it led Madrid by 12 points with nine rounds to go.
The title is a deserved consolation for the club that crashed out of the Champions League in the quarter-final, losing to Atletico Madrid.

Egyptian Court Jails 152 People Over Islands Protest

An Egyptian court sentenced 152 protesters on Saturday to between two and five years in prison each after they demonstrated against a decision to transfer two Red Sea islands to Saudi Arabia, judicial sources and state media said.
Hundreds of police officers were deployed in central Cairo on April 25 to quell protests against President Abdel Fattah al-Sisi’s decision to hand over Tiran and Sanafir islands.
More than 200 people are being tried in connection with the protests, Reuters quoted the judicial sources as saying.
Of those sentenced on Saturday, 101 received five-year prison terms and 51 received two-year sentences.
The 152 protesters were convicted of breaking a law banning people from protesting without first notifying the Interior Ministry, the judicial sources said.
Defence lawyer Ahmed Helmy said they would appeal. “There is no evidence of guilt,” he told Reuters.
The prosecution did not issue any formal statement on the verdicts.

U.S. Says Boko Haram May Be Sending Fighters To Islamic State In Libya

A senior U.S. official said on Friday that there are signs that Nigeria’s Boko Haram terrorist group is sending fighters to join Islamic State in Libya to increase cooperation between the two groups.
Nigeria has asked the United States to sell it aircraft to fight Boko Haram, which has been waging a seven-year insurgency in the north and last year pledged loyalty to Islamic State, which is active in Syria, Iraq and Libya.
Little is known about the extent of cooperation between the two radical Islamist groups.
But Western governments worry that Islamic State’s growing presence in north Africa and ties with Boko Haram could herald a push south into the vast, lawless Sahel region and create a springboard for wider attacks.
Longer Than Thought
U.S. Deputy Secretary of State, Antony Blinken, said there were “reports” that Boko Haram fighters were going to Libya, where Islamic State had established a large presence, taking advantage of security chaos.
“We’ve seen that Boko Haram’s ability to communicate has become more effective. They seem to have benefited from assistance from Daesh,” he said, using a derogatory name for Islamic State. There were also reports of material and logistical aid.
“So these are all elements that suggests that there are more contacts and more cooperation, and this is again something that we are looking at very carefully because we want to cut it off,” Blinken told reporters in Nigeria.
Blinken said the United States was helping Nigeria in its fight against Boko Haram with armoured vehicles. But he declined to comment on a request by Nigeria to sell it aircraft.
U.S. officials told Reuters this month that Washington wanted to sell up to 12 A-29 Super Tucano light attack aircraft to Nigeria in recognition of President Muhammadu Buhari’s army reforms. Congress needs to approve the deal.
President Muhammadu Buhari had said that the nation was “not bothered initially, of what intentional connection Boko Haram has until they claimed that they are loyal to ISIS”.
He associated the crisis with incidents in the Sahel region, saying that what happened in Libya in the Sahel, in terms of trained personnel and weapons, had compounded the problem, making it last longer than thought.
He also said that Nigeria’s border with neighbouring countries, mostly in the eastern region, was difficult to monitor.
“We have more than 1,500 kilometres neighbourhood in an area where donkeys, oxen, camels can cross any time of the day. It is not easy to guide such borders,” President Buhari added.

PPPRA, Kachikwu explain how N145 price for petrol was reached

The Petroleum Products Pricing Regulatory Agency (PPPRA) and the Minister of State for Petroleum Resources, Ibe Kachiukwu have explained how the Federal Government arrived at N145 per litre as the new price for Premium Motor Spirit (PMS) otherwise known as petrol.
While the PPPRA put the calculations on its latest pricing template, Kachikwu, the petroleum minister, said the price was based on foreign exchange conversion of naira to the dollar.
According to the PPPRA’s pricing template, the cost elements include cost/freight = N109.01, lightering expenses = N4.56, Nigerian Ports Authority (NPA) charges = N0.84, NIMASA charges = N0.22, financing = N2.51, jetty thru’put charges = N0.60 and storage charge = N2.00, which brings the landing cost to N119.74.
The landing cost is added to distribution margins, which include retailers = N6.00, transporters allowance = N3.36, dealers = N2.36, bridging fund = N6.20, marine transport average = N0.15 and admin charges = N18.37, bringing the total distribution charges to N18.37.
According to the PPPRA, the addition of the landing cost of N119.74 to total distribution margins of N18.37 gives a total cost of N138.11 per litre, putting the price at between N135 and N145.
Kachiukwu said the federal government arrived at the new price by “a simple conversion of using foreign exchange at N285. That N285 is from nowhere; it is basically the secondary source that people buy foreign exchange from, versus the N320, which is the black market rate.”
“If you convert it and throw it in, you will get about N141, N142 or N143. So there aren’t much of palliative elements left there for you to use. It is simply, ‘go out, find your product, your cost is covered, there is an opportunity for your efficiency to make money, come and deliver,” the minister who spoke on a television programme yesterday, said
Kachikwu explained further that the government’s decision will reap many benefits. He said, “We want everybody to be able to bring in the products. We want to achieve what was achieved in the marketing of diesel so that government will also not have intervention in petrol. Ultimately, we will let the market dynamics take place.
“In the past few months, the Nigerian National Petroleum Corporation (NNPC), imported the products largely subsidised, but the marketers took advantage and made excess profits. With this new system, they are going to start bringing in their own products and NNPC can sell its own products at its own price. So, there are no more opportunities for the short-term arbitrages unless those benefits in price come from your own efficiency
“What has happened is that we have provided an opportunity in the country for people to take advantage of government’s liberalisation policies and subsidies and make huge sums of money and this can have positive impact on the common man on the street.
“The reality is that if we let the environment free for people to operate you will be amazed at what will happen with pricing. I will almost take a bet with you that in six month’s time when you review this price, you will be amazed at what will happen to the N145 price.”

2016 budget and the worsening state of South East roads

With the assent of the 2016 appropriation Act by President Muhammad Buhari on May 6, the people With the assent of the 2016 appropriation Act by President Muhammad Buhari on May 6, the people
of south-east geopolitical zone are strongly anticipating that the Federal Government will rescue them from the deplorable condition of their roads. Known for their commercial and industrial prowess, the Federal Government roads in their region form major arteries that propel economic activities which contribute to the nations overall Gross Domestic Product,GDP.


•South East roads…failed portions of 9th Mile corner roundabout A copious assessment of roads especially the Aba-Ikot Ekpene and Enugu-Ontisha express roads, showed that the Federal Government abandoned the reconstruction projects two years ago while the immediate past administration of President Goodluck Jonathan embarked on a window dressing, posing to be rehabilitating the road at the peak of the 2015 electioneering campaigns to woo unsuspecting voters. The Enugu-Onitsha dual carriage road is now completely impassable as weeds and portholes mark the roads. Motorists now resort to Old road, plying Udi-Oji-River to connect Awka, Anambra State even as sections of 9th Mile Corner road have been washed-off following tonnages from heavy duty trucks which meander to Nigeria Brewery to load alcoholic beverages. Major portions at the round-about area are threatened by erosion which if not tackled swiftly may well cut-off the road entirely. The prevailing situation has jacked up cost of fares to above two hundred percent margin. Manhours which should have been channeled to productive ventures are being dissipated crisscrossing through the Old Road to the detriment of the economy. ABANDONMENT OF 2nd NIGER BRIDGE The signed budget by the Federal Government was expected to feature some monetary allocation for the construction of the 2nd Niger Bridge muted by the administration of former President Goodluck Jonathan, but unfortunately the allocation for the construction of the bridge is missing. The bridge,which is the gateway to western and other parts of the countries has been used by successive governments as a bargaining chip during electioneering campaigns. Nothing happens after such campaigns. During festive season, passengers spend hours on the now wobbling bridge to get to their respective villages. Member,Board of Governors,Civil Liberty Organisation,CLO, Danjuma Gambo,said,”I just want to believe that the information is not quite true that not capturing of the 2nd Niger Bridge in the 2016 budget, it means it has been abandoned, this is because it will be ridiculous that the Federal Government would have forgotten such a sensitive and important project for the people of South East and South South and Nigerians in general. “I want to assume, a big assumption, that it is in the budget, but per adventure is not there, it can’t be explained to anybody, because we do not have the budget breakdown, we just heard about the big figures, we do not have the different allocations, so we do not know the details of those allocations and therefore they should tell us what happened. “It will be a total disservice to South East, South South and Nigeria in general to abandon the bridge, I was listening to the Presidents first Media Chat where he asked who are marginalizing the Ibos and how? He asked that question and this issue of alleged abandonment of 2nd Niger Bridge is one example of the marginalisation. S’EAST PDP GOVS BLAST FG Leaders of Peoples Democratic Party,PDP,and governors of the south-east last Monday,rose from a meeting in Enugu Government House and warned against awarding road contracts in South East to incompetent contractors. Speaking on behalf of the Leaders, Deputy Senate President,Ike Ekweremadu said that they have vowed to ensure full implementation of the 2016 budget as signed, to enable south-east people, benefit in the area of roads especially for the reconstruction and rehabilitation of Enugu-Onitsha and Aba-Ikot Ekpena express roads that are death traps to motorists. “We are here to discuss certain issues as they affect us here in the south-east. We reviewed the response of Governor Ifeanyi Ugwuanyi of Enugu State to the recent attack on Nimbo community and commended him. “Most of the Internally Displaced Persons, IDP are back in their places. We reviewed ways of finding a lasting solution for the protection of our people against further fulani herdsmen attacks. We want to seize this opportunity to condole with the victims and are putting measures in place to forestall a repeat. “We equally reviewed the 2016 budget that has been signed to ensure that it will be implemented to the fullest. Our concern is on the area of roads especially the Enugu-Onitsha, Aba-Ikot Ekpena express roads among others that are death traps. “The Federal Government had in the past,awarded contracts for the reconstruction and rehabilitation of these roads to incompetent contractors. This time,we will ensure that competent contractors will handle the road projects to give our people a sense of belonging”. ELECTION PROMISES Although the south-east people did not overwhelmingly vote for Buhari in the last general election,the All Progressives Congress,APC had promised the reconstruction of federal roads including the 2nd Niger Bridge. It went further to promise 1million jobs in the region through the resuscitation of Coal to Electric Powered Plant. The federal government will do well to calm frayed nerves in the region by establishing its presence especially in the area of roads to give the people a sense of belonging in the Nigeria nation.

Reasons why governors can not pay workers salary- Kalu

A former Governor of Abia State, Dr. Orji Uzo Kalu has accused current set of Nigerian governors of squandering their states’ funds on personal luxury, saying it was the main reason they cannot pay workers salaries in their respective states. Orji Uzor Kalu Speaking against the backdrop of the recent demand for more funds by the governors to meet up with their statutory obligations, Kalu said that the demand was unnecessary, revealing that the States already have sufficient funds to function optimally. He hinted that the governors have the penchant of drawing a whooping sum of N35 million as traveling allowance, saying that unless they stopped tampering with the security vote for personal use, the states wouldn’t see development. Kalu who spoke to State House Correspondents after a private meeting with Vice President Yemi Osinabjo at the presidential villa, Abuja on Friday however gave exceptions of some governors whom he said were fixing their states. He said: “I think most of these governors are doing very well and some of them also are living in the euphoria of the office.You can see most of them who are very active, I don’t need to count them for you. “The issue of crying for fund, honestly, in my opinion, these governors have enough fund to work for their people because if you check, the money drawn as security vote is excessive. They should stop that. “Unless they stop drawing on security vote they will not have enough fund to work with and most of them are living in absolute luxury, which is not their money that they worked out for. So it is impossible to continue living in this manner. “Most of the governors are even living in Abuja now, they don’t even live in their states, honestly. If you look at the books very well, in each trip they make, they will take travel allowance of N35 million, which is un-heard of.” “What are you going to do with that. So, how are we going to progress. Not all the governors. I have gone through Rivers, I see that Rivers is hitting the ground. I have gone through Adamawa and I see Adamawa is hitting the ground. “I have gone through few more states, they are hitting the ground, they are working. I don’t speak with sentiments. I don’t speak for anybody. You can see those who are working and those who are not working. Let them sit down and do the job they are elected for.” The former governor also added that the private sector had a role to play in national development if the government could create an enabling environment for them. “Well, the private sector will also need government guarantees and access to credit.”

Read more at: http://www.vanguardngr.com/2016/05/governors-living-large-drawing-n35m-trip-kalu/

Naira continues free fall, now N370/$

Naira continues free fall, now N370/$ On May 14, 20168:19 amIn News by Tony ChinonsoComments 55 0 0 By Babajide Komolafe The sharp depreciation of the naira in the parallel market triggered by the deregulation of petrol importation continued yesterday, with the naira depreciating to N370 per dollar. The Petroleum Products Pricing Regulatory Agency, PPPRA on Wednesday said that, with the deregulation of petrol importation, importers will henceforth be permitted to source for their foreign exchange requirements from secondary sources. This triggered speculation and increased demand for the dollars in the parallel market on Thursday, halting the two-month exchange rate stability in the market. On Thursday the naira lost N7 naira to the dollar, as the exchange rate rose sharply to N334 per dollar from N320 per dollar. This persisted yesterday with the parallel market exchange rate rising to N370 per dollar, indicating N50 depreciation of the naira in two days. Saturday Vanguard investigation revealed that the sharp depreciation was driven by two factors, increased demand for dollars and hoarding in anticipation of further depreciation of the naira. According to a BDC operator who spoke to Saturday Vanguard on condition of anonymity, “With the exchange rate going up, those who have dollars don’t want to sell, expecting the rate to rise further so as to maximise their returns.” Recall that the naira depreciated to N400 per dollar in February in the parallel market before retreating to N320 by the end of the month due to declining demand by importers. According to President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, “The market has been stable all this while due to drastic reduction in import activities hence demand for dollars by importers reduced sharply. Those who had bought dollars when the rate was high and used it to import were having difficulty selling their goods, hence those who are still importing have reduced. But the announcement yesterday has changed the whole thing. More demand for dollars for petrol importation is expected in the market; meanwhile, there is no supply of dollar. Some people with dollar, especially those who bought when the exchange rate was high, feel the rate is too low for them to sell, hence they are withholding their dollars, waiting for the rate to go higher.”

Alimi: Kano pillars will bounce back

Super Eagles defender Jamiu Alimi says Kano Pillars will learn from their mistakes after they missed a chance to return to the top of the Nigerian Professional Football League table following their 2-0 loss to El-Kanemi on Thursday.

A win against the Maiduguri outfit would have seen Pillars lead Enugu Rangers and Rivers United with two points.

Alimi acknowledges errors have been made which need to be ironed out before their next game on Sunday.

Speaking ahead of Sunday's home clash against Heartland of Owerri, Alimi told our sources: “We have a very good and very talented team, but we have to learn from our mistakes to go forward as a club, and as players the next game we will be better.

“It's important we bounce back so that everybody can be happy.

“But we must show the people we can play very good football, be consistent and beat the best teams.

“We have to learn from our mistakes so that we can be very much better."

Pillars are currently third on the NPFL log with 27 points from 16 games.

10 most improved EPL players this season



10. Jesse Lingard (Manchester United)
It has been a disappointing season at Old Trafford, but at least their fans can fall back on some hugely promising performances from a group of youngsters who will outlive Louis van Gaal’s reign of terror.
Marcus Rashford may have stolen the headlines recently, but Jesse Lingard has quietly made himself a regular for the Red Devils with his combination of speed, direct running and defensive discipline.
9. Marko Arnautovic (Stoke City)
There are plenty of exciting names in Mark Hughes’s Stoke City squad these days, but Arnautovic has outperformed every single one this season with a career-best return of 10 goals and five assists.
The Austrian had previously been a maverick talent with a sketchy track record when it came to end product, but he has really stepped up this term to play a leading role in another year of Stoke progress.
8. Wes Morgan (Leicester City)
Last season, Morgan was a part of the Premier League’s third leakiest defence as Leicester miraculously escaped relegation. This season, he has captained them towards the most unlikely of title triumphs.
The Foxes were fluent during the first half of the season, but it appears as though the key to them getting over the line might be Morgan’s partnership with Robert Huth, which has kept five straight clean sheets

 
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7. Danny Rose (Tottenham Hotspur)
Mauricio Pochettino can take credit for bringing on a couple of handfuls of players at White Hart Lane. Mousa Dembele has been honed outstandingly, and he has taken Harry Kane to another level still.
But the progress of Danny Rose has gone slightly under the radar. The dynamic and brave left-back has been fabulous since the turn of the year, and might well be England’s first choice come Euro 201

6. Romelu Lukaku (Everton)
The Belgian underwhelmed somewhat in his first season as a full-time Everton player, scoring just 10 goals in 32 starts. He already has 18 this term. Who knows where the Toffees would be without him.
And Lukaku, still only 22, has also improved his combination play, bringing the likes of Ross Barkley or Aaron Lennon into the game with six assists. He now looks every inch a Champions League striker.
5. Jamie Vardy (Leicester City)
A striker who has arguably made an ever greater improvement than Lukaku is one-time non-league forward Vardy, who has completed a fairytale rise to become the top scorer for the potential champions.
The 29-year-old managed only five goals last season compared to 21 this year, including strikes in 11 successive games for a Premier League record. He is one of the most feared frontmen in the division.
4. Erik Lamela (Tottenham Hotspur)
Lamela might not have performed as well as some of the names below him on this list, but his personal improvement is nearly as significant as anyone, because he had been so awful before this campaign!
The £30m Argentine – fee reported by The Telegraph – looked to be a massive waste of money based on his first two seasons at Spurs, but Pochettino persisted with him and he has turned his career around.
His 10 goals in all competitions this term is twice as many as he managed last season, and Lamela has absolutely mastered Pochettino’s counter-pressing tactics to establish himself as an important figure.
3. Philippe Coutinho (Liverpool)
Coutinho was already a fine player, but he has taken his game to another level over the past 12 months to become the match-winner that Liverpool so desperately needed after the departure of Steven Gerrard.
The Brazilian is one of the best players in the Premier League on his day and still has plenty of room to improve on his return of seven goals and five assists. Liverpool’s problem may be keeping hold of him.


2. Eric Dier (Tottenham Hotspur)
Dier enjoyed a decent debut season at Tottenham, but did not have a role in the team as he was switched around from centre-back to right-back. That has all changed with his move into midfield this season.
The England star has adapted superbly to make the position his own for club and country, showing excellent maturity to protect Tottenham’s defence and give them a steel they have previously missed.
1. Riyad Mahrez (Leicester City)
The Premier League’s most improved player of the season has arguably been the best player of the season – Leicester winger Mahrez, who has an unbeatable combined total of 27 league goals and assists.
Last campaign he scored four goals and supplied three assists, and was not always a guaranteed starter. The points difference of Leicester’s that Mahrez is responsible for is almost immeasurable, and so is his improvement as he threatens to become one of the hottest commodities in football come the summer.

Ebonyi bans movement of herdsmen into the state


herdsmenEbonyi state government yesterday banned the movement of cattle into the state by herdsmen, saying that there is tension in the state over activities of the herdsmen in the country. Governor David Umahi disclosed this during a security meeting with security chiefs in the state at the state Police Command, noting that the state will enact laws that will restrict movement of cattles and other animals such as goat and chicken.
Leaders of Hausa community in the southeast region were also in attendance during the meeting. Umahi added that the old timers who have resided in the state for years and were rearing cattle should do that within a place because movement of cattles from place to place would stop immediately.
He said it has been observed that the herdsmen who moved their cattles from place to place were the ones posing security threat and not the innocent Hausa/Fulani brothers who have settled in the state for years.
He said as the chief security officer of the state, he was concerned about the life of every Nigerian living within and outside the state and had the duty to always strive to protect it including lives of those who are not Nigerians. He said there was need to nip the situation in the bud to prevent an escalation. “Every state must put in place what will guarantee peace for both indigenes and non indigenes.
“So that is a directive this afternoon and I want security agencies to take note because there is high tension now in Ebonyi state”, Gov Umahi said.
herdsmenEbonyi state government yesterday banned the movement of cattle into the state by herdsmen, saying that there is tension in the state over activities of the herdsmen in the country. Governor David Umahi disclosed this during a security meeting with security chiefs in the state at the state Police Command, noting that the state will enact laws that will restrict movement of cattles and other animals such as goat and chicken.
Leaders of Hausa community in the southeast region were also in attendance during the meeting. Umahi added that the old timers who have resided in the state for years and were rearing cattle should do that within a place because movement of cattles from place to place would stop immediately.
He said it has been observed that the herdsmen who moved their cattles from place to place were the ones posing security threat and not the innocent Hausa/Fulani brothers who have settled in the state for years.
He said as the chief security officer of the state, he was concerned about the life of every Nigerian living within and outside the state and had the duty to always strive to protect it including lives of those who are not Nigerians. He said there was need to nip the situation in the bud to prevent an escalation. “Every state must put in place what will guarantee peace for both indigenes and non indigenes.
“So that is a directive this afternoon and I want security agencies to take note because there is high tension now in Ebonyi state”, Gov Umahi said.

Why Abia re-engineers Bakassi vigilante says Ikpeazu



Abia State Vigilante Service (AVS) also known as Bakassi, is being re-engineered equip the operatives in accordance with the extant law to assist in checking new forms of security threats including protecting communities from both internal and external aggression.
According to the state governor, Dr. Okezie Ikpeazu, the AVS Operatives/members are undergoing a new training in which their limits and boundaries as a support service to the statutory law enforcement agencies would be educated them.
He said that reviving the outfit now is in reaction to the security issues confronting not only Abia but also the entire country and not specifically for any group.
The governor stated that the AVS has long been in existence in the state but is now being re-engineered in view of emerging demands. ” This clarification has become necessary in view of the insinuations from some mischievous elements that the AVS is being equipped as a local militia to fight herdsmen.
” The security outfit came into existence over sixteen years ago as a reaction to the disturbances of hoodlums in Aba and was later elevated to a vigilante services.
The neighboring states also engaged their services in combating armed robbery when the hoodlums seemed to have overwhelmed the statutory agencies” The governor while explaining further that as an organ of security under the laws of Abia State, the unit has a well articulated chain of command with commanders in various local councils and zones, pointing out that what the Operatives of the service need now is a training in the language of security and skill for intelligence gathering.
According to the governor, the AVS is being invigorated with over 500 men ” because they are needed in the communities to fence off security threats and sniff out crimes and criminals in the communities but there is need for them to know clearly where their power stops and where that of the Police begins”.

Labour may begin strike on Monday



President Trade Union Congress, Comrade Bobo Kaigama; President of Nigeria Labour Congress, Comrade Ayuba Wabba and Deputy President of the NLC, Comrade Peters Adeyemi . PHOTO: NAN
President Trade Union Congress, Comrade Bobo Kaigama; President of Nigeria Labour Congress, Comrade Ayuba Wabba and Deputy President of the NLC, Comrade Peters Adeyemi . PHOTO: NAN
• TUC to join protest, issues ultimatum
• NAEE advocates passage of competition law

Indications emerged yesterday that the labour movement in the country may begin an indefinite strike action and protests against the petrol deregulation policy at exactly midnight of Monday.
This comes as the Nigerian Association of Energy Economics (NAEE) urged the federal government to pass Competition Law to check price collusion.
It added that the introduction of liberalisation of the downstream sector would enhance the viability of the sector and boost establishment of refineries by investors and multi-national oil companies.
The Guardian gathered in Abuja yesterday that both the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), as well as their civil society allies are meeting in the federal capital this morning to harmonise their positions and put finishing touches to the national strike action.
A source close to the labour movement told The Guardian that while the National Executive Council (NEC) members of the NLC were already in Abuja, those of TUC and members of the civil society were still in Lagos, but are expected to fly into Abuja this morning to finalise the arrangements.
The source explained: “Organising a national strike is what the labour movement and civil society have considerable experience in. There is no way a national strike can be called just a day or two after the announcement of the new price was made.
“We need to first hold the relevant organs meeting and then hold on for our civil society allies to also come on board.
“The NEC meetings of both the NLC and TUC took place in different cities, which will require traveling. We are now expecting TUC and our civil society allies to come into Abuja tomorrow (today), so that we are able to harmonise our positions.
“Those who will travel also need one day to travel back and mobilise unions for the strike action. Therefore, we need Saturday (today) and Sunday (tomorrow) to put all these logistics together.
“Switching off the crude oil loading terminals and other technical details in the oil sector need time to do and that applies to our colleagues in the aviation sector. We need a few days to perfect all these logistics ends. That is why we think that Sunday night at exactly 12:00am is the most appropriate time to begin the action.
“That is the position as at now.”
Indeed, the NLC postponed a media briefing that was earlier scheduled to hold yesterday at 4:00pm to 12noon today ostensibly to give room for the expanded meeting of all the stakeholders scheduled for this morning.
Meanwhile, NAEE president, Prof Wumi Iledare, argued that a credible and strong commitment by the government to deregulate the sector would be the beginning of the reversal of the fortune of the sector that has been crippled over the years by the overbearing government interventions.
Iledare, who spoke in Abuja yesterday on the implications of the deregulation policy, however, cautioned against government interference with the price.
He submitted that the template of the Petroleum Products Pricing Regulatory Agency (PPPRA) must be calibrated with adjustment for a market dictated margin and other static input factors reviewed with less sentiment.
Iledare stated that while the removal of subsidy would bring immediate pain, it would ultimately boost the economic prosperity of the country.
He said: “In the long run, this step would add significant value to the economy, in terms of trillions of naira to build the national economy for infrastructure, capacity building and development.
“It will increase government access to funds to develop infrastructure; decrease smuggling activities, especially to neighbouring countries; increase free market operations; spur the rehabilitation and revamping of the local refineries; and reduce declining fortune of Nigerians in the long run.”
He also urged the federal government to pass the competition law to ensure that significant market power does not collude to influence market prices.
“The exercise of market vigorous oversight is not consistent with an efficient market system. Government must ensure that all forms of collusion to influence market outcomes are promptly dealt with.”
Meanwhile, the Trade Union Congress (TUC) has announced it would join the Nigeria Labour Congress (NLC) to protest the hike in the price of petrol.
In a statement signed by the its president, Bobboi Kaigama, at the end of its emergency meeting in Lagos last night, TUC also gave government up till Wednesday, May18, to invite Labour for genuine dialogue or face its wrath.
The communiqué issued at the end of the meeting read in part: “The NEC-in-Session rejected in its entirety the astronomical increase in the price of petrol from N86.50 per litre to N145 per litre and demanded that the Government should revert to the old price regime with immediate effect.
“The NEC in session gave the Federal Government up till Wednesday, 18th May, 2016 to invite the leadership of labour for discussion aimed at determining the appropriate way forward.”

Friday, 13 May 2016

Kanu blames Mr. President for his incarceration



Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has again blamed Federal Government for his continued detention even when the Court ordered his release. Kanu, who was arraigned along with two others for alleged treasonable felony and maintaining unlawful society, has been in detention since October 2015.
Kanu’s Lawyer, Ifeanyi Ejeofor, however, said the comments of President Muhammadu Buhari has contributed to the denial of Kanu’s bail by the same court that granted him bail in December 2015.
He said: “After Kanu was granted bail on December 17, the President was heard saying during a Presidential Media Chat that Kanu would not leave the prison cell for any reason.
That bail was made known to the Federal Government on December 18, 2015 but they failed to grant it. Only few days ago, he also tackled the issue of whether or not Mr. Kanu should be granted bail when he visited Katsina.

DJ Zeez keeps mum as court orders him to refund N22m to record label



Dj Zeez
Popular  singer, DJ Zeez, is probably not in the best of moods right now, no thanks to a court judgement that ordered him to refund N22m to his record label, HF Music, over breach of contract.
When Saturday Beats reached out to the singer via the telephone to feel his pulse and know what his next line of action would be, he simply said, “I am currently busy, can you please call me back in the next 35 minutes.”
 And that was the last time he picked the phone. He did not reply the text messages sent to his phone as well.
It was gathered that the singer was dragged to court because he did not fulfil the requirement of his contract.  The presiding judge, Honourable Justice B.A. Oke-Lawal, in the case brought before the High Court of Lagos State, on Wednesday, ordered that DJ Zeez whose real name is Kingsley Elikpo, should refund the sum of N22,378,605.70 being the total amount spent by HF Music through various advances made to and on his behalf, from the commencement date of his contract with the label until the point when it was breached by him.
It was further reported that the singer was dragged to court in September 2015 by HF Music following his inability to meet his obligations as outlined in his contract, with the main complaint stating that the singer refused to record music, as contained in the record deal.

Senegalese woman based in Nigeria Fatma Samoura appointed as FIFA's Secretary General


Senegalese UN diplomat Fatma Samoura was named FIFA's new secretary General by FIFA president Gianni Infantino today in Mexico, during FIFA's 66th International congress.
 Fatma Samoura currently lives in Nigeria and was appointed personally by Infantino today at the 66th FIFA Congress according to FIFA statues. Her appointment will make her the first female number two ever at world football's governing body, FIFA.
 
Infantino says she was appointed as he aims to promote values such as Gender equality, zero-tolerance for racism and corruption with new leadership as he begins his tenure as FIFA President.
The former secretary general, Jerome Valcke of France, was sacked in January and banned from football for 12 years over misconduct in television deals and World Cup ticket sales, one of the many scandals that hit FIFA.
Markus Kattner has been acting as the Secretary General since Infantino was elected as president back in February.

Boko Haram terrorist captured by CJTF with Cameroonian and Nigerian money

See more photos after the cut...




Official Statement from the office of the Vice President on fuel pricing debate


Read the statement below...
Fellow Citizens: 
I have read the various observations about the fuel pricing regime and the attendant issues generated. All certainly have strong points.  
The most important issue of course is how to shield the poor from the worst effects of the policy.  I will hopefully address that in another note.
Permit me an explanation of the policy. First, the real issue  is not a removal of subsidy. At $40 a barrel there isn't much of a subsidy to remove. 

In any event, the President is probably one of the most convinced pro-subsidy advocates. 

What happened is as follows: our local consumption of fuel is almost entirely imported. The NNPC exchanges crude from its joint venture share to provide about 50% of local fuel consumption. The remaining 50% is imported by major and independent marketers. 

These marketers up until three months ago sourced their foreign exchange from the Central Bank of Nigeria at the official rate. However, since late last year, independent marketers have brought in little or no fuel because they have been unable to get foreign exchange from the CBN. The CBN simply did not have enough. (In April, oil earnings dipped to $550 million. The amount required for fuel importation alone is about $225million!) . 

Meanwhile, NNPC tried to cover the 50% shortfall by dedicating more export crude for domestic consumption. Besides the short term depletion of the Federation Account, which is where the FG and States are paid from, and further cash-call debts pilling up, NNPC also lacked the capacity to distribute 100% of local consumption around the country. Previously, they were responsible for only about 50%. (Partly the reason for the lingering scarcity). 

We realised that we were left with only one option. This was to allow independent marketers and any Nigerian entity to source their own foreign exchange and import fuel. We expect that foreign exchange will be sourced at an average of about N285 to the dollar, (current interbank rate). They would then be restricted to selling at a price between N135 and N145 per litre. 

We expect that with competition, more private refineries, and NNPC refineries working at full capacity, prices will drop considerably. Our target is that by Q4 2018 we should be producing 70% of our fuel needs locally. At the moment even if all the refineries are working optimally they will produce just about 40% of our domestic fuel needs. 

You will notice that I have not mentioned other details of the PPRA cost template. I wanted to focus on the cost component largely responsible for the substantial rise, namely foreign exchange. This is therefore not a subsidy removal issue but a foreign exchange problem, in the face of dwindling earnings. 

Thank you all.

VICE PRESIDENT YEMI OSINBAJO, SAN
May 13, 2016