Archive for nigeriang

Oyo considers opening LAUTECH campus in Iseyin

Oyo considers opening LAUTECH campus in Iseyin

The animosity
between the governments of Oyo and Osun states over the ownership of
Ladoke Akintola University of Technology (LAUTECH) may soon become
worse, as the Oyo state government tinkers with the idea of opening a
campus of the institution at Iseyin by the middle of the year.

Controversial vice chancellor of the university, Moshood Olanrewaju
Nassir, who disclosed this during a courtesy call on the Aseyin of
Iseyin, Oba Abdulganiyu Adekunle Salawu, Ajinase 1, said all the
necessary arrangements have been concluded to ensure the immediate
take-off of the campus. According to him, the new campus will house the
faculty of education of the university and will admit students
immediately after its opening.

The two sister states have engaged each
other in confrontations over the ownership of the university, which was
established when the two were one state. Oyo State governor, Adebayo
Alao-Akala’s unilateral decision to rupture the joint ownership
structure of the university has created tension in the institution,
with the staff and students bearing the brunt.

Problems of ownership

Though the battle
had been on before Rauf Aregbesola assumed office as the Osun state
governor, the fact that he does not belong to the People’s Democratic
Party with Mr. Alao-Akala, promises a fiercer battle between the two
states over the institution. Despite the intervention of elders of the
PDP, Olagunsoye Oyinlola, Aregbesola’s predecessor, had insisted that
he was not ready to let go of the joint ownership structure of LAUTECH,
and the battle raged until his removal from office late last year.

The beat of war was
still booming when Mr. Aregbesola assumed office with a recent warning
from the governor that Mr. Alao-Akala should stop issuing orders to
workers of the institution as if it were solely owned by Oyo state.

Speaking with the
Aseyin during the recent visit, Mr. Nassar, who was there with members
of his governing board, said: “Our visit is a step towards giving
credibility and fulfillment to the promise of his excellency, the
executive governor of Oyo state, Otunba Christopher Alao-Akala, during
his visit to Iseyin that a campus of the university would be sited in
Iseyin.

“With this visit,
the people of Iseyin and indeed Oke-Ogun area can be rest assured that
all machineries are being put in motion to ensure that students are
admitted into the proposed campus soonest.”

He appealed for the cooperation of the people of the town as
students and staff of the institution would rely on them for
accommodation and security. The monarch, in his response, said that the
opening of the campus was long overdue, arguing that Iseyin was one of
the only two big cities without a higher institution.

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Provisional results show South Sudan will secede

Provisional results show South Sudan will secede

Provisional results from South Sudan’s referendum
show that almost 99 percent of voters have chosen independence, the
referendum commission’s website said on Sunday after 98.7 percent of
the votes had been counted.

The referendum was promised under a 2005 north-south
peace deal which ended Africa’s longest civil war. A vote for secession
was widely expected because of persistent tension between the mainly
Muslim north and southerners who mainly Christian or follow traditional
religions.

“As of now, 100 percent of the North and (overseas)
votes and 98.7 percent of the South votes have been processed,” the
commission’s website (southernsudan2011.com/) said. The provisional and
incomplete results showed that 98.81 percent of voters wanted
secession, it said, confirming earlier returns. The votes need to be
sent to the commission’s headquarters in Khartoum for checking before
the preliminary results are announced in a week. The south is likely to
declare independence on July 9.

Exactly how the two will disentangle their economies,
share oil wealth and demarcate the border remains to be decided. The
disputed central Abyei region remains the major sticking point as both
sides claim the area, which saw deadly clashes between tribes during
the week-long referendum this month.

Most analysts believe neither north nor south wants or can afford a
return to all-out war. The south’s budget is 98 percent derived from
oil, most of which is produced in the south, but which is refined,
transported and administered by the north. Both sides have used proxy
militias which could provoke wider clashes. The civil war between north
and south, fuelled by differences over oil, ideology, ethnicity and
religion, claimed an estimated 2 million lives and destabilised much of
east Africa.

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Police warn against registration of underage children

Police warn against registration of underage children

The Commissioner
of Police in Sokoto state Abubakar Manku, on Sunday threatened to
prosecute any officer that register underage children in the ongoing
voters’ registration.

Mr Abubakar made
this known when he led the state inter security committee to inspect
the ongoing exercise within the metropolis, warning that “you will
succeed in registering the underage children but INEC will detect
such.” He urged the registration officers not to jeopardise the effort
of the commission to have a credible voter’s register that will usher
in credible elections in the April general elections.

The poilce boss called on politicians to desist from any form of
violence , he revealed that plain security officers had been deployed
in different parts of the state to gather intelligent report to enhance
security in the state. The Inter Security Committee members are the
State Commissioner of Police, State Director of SSS, Comptrollers of
Customs, Immigration, Prison, Commanders of NDLEA and NSCDC.

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Lepers demand different registration method

Lepers demand different registration method

Inmates of a lepers’ colony in Borno
State have appealed to the Independent National Electoral Commission
(INEC) to rescind its decision to nullify registration cards that have
no fingerprints.

Bulama Kadai, the new ward head of the
Maiduguri Molai Lepers’ Colony, made the plea in an interview with the
News Agency of Nigeria at the colony located 30 km from Maiduguri. Mr
Kadai said some inmates had registered for the cards without having any
finger impressions. “We are saddened by a media report credited to the
INEC Chairman, that registration without fingerprints will be
nullified. This is an infringement on the rights of lepers as most of
us have lost our fingers,’’ he said. He also complained that the
registration centre was far from the colony noting that “the population
of the colony is more than 2,000, including our dependants.

It deserves a centre,” Mr Kadai added.
But an INEC official, who wants to remain anonymous, told NAN that the
commission had taken care of the grievances of the inmates. “I can tell
you that the inmates are just ignorant of the development. INEC has
made a provision for comments by registration officers on individuals
whose fingerprints cannot be obtained on their cards’’ the official
said.

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China’s grandstanding in Washington

China’s grandstanding in Washington

The leaders of the
21st-century’s two superpowers met at the White House this week, with
Chinese leader Hu Jintao standing shoulder-to-shoulder with U.S.
President Barack Obama and no longer in his shadow.

“Our cooperation as partners should be based on mutual respect,” Hu said.

Hu’s elaborately
staged four-day state visit seemed to mark the end of the Chinese
leader’s unofficial status as a (junior) partner to the American
president. In some ways Hu is the stronger of the two.

Obama is in
trouble; his country’s economy is sluggish and gripped by stubborn
unemployment. His government has accumulated record debts. His domestic
political position has been undermined by voter disenchantment and
Republican opposition.

According to this
week’s new CNN/Opinion Research Corporation poll, 56 percent of
Americans believe that the president will serve the remaining two years
of his term with less influence over the country than they expect from
the Republicans in Congress.

Hu, by contrast, is
the unchallenged leader of his country, managing the most dramatic
economic growth in world history and lending Washington billions of
dollars for its budget.

America’s own
Forbes magazine ranks Hu as the most powerful man in the world (with
Obama relegated to number two) because he “exercises near dictatorial
control over 1.3 billion people, one-fifth of world’s population.
Unlike Western counterparts, Hu can divert rivers, build cities, jail
dissidents and censor Internet without meddling from pesky
bureaucrats.” But the United States is still much freer, richer and
more influential. People around the world use its currency, fly on its
airplanes and watch its movies. Have you seen a Chinese banknote,
passenger jet or comedy recently?

Hu and Obama are
certainly partners in the world economy. But the American president
remains paramount in economics and most other respects, because of
America’s democratic ideals, diplomatic ambitions, cultural influence
and technological innovation. Obama’s challenge is to keep it that way.

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Party raises concerns over voter registration

Party raises concerns over voter registration

The Action Congress
of Nigeria (ACN) has expressed concerns over the problems plaguing the
ongoing voter registration exercise, describing the hiccups as the
single greatest obstacle to free, fair and credible polls in April.

The party made this
known through a statement by its national publicity secretary; Lai
Mohammed on Sunday where it identified setbacks such as “registration
of voters without their fingerprints being captured, disappearance of
DDC machines which can be used for illegal registration and alleged
over-supply of DDC machines to the areas that are known to be
strongholds of the PDP” as major issues befalling the 10 day
registration.

Doubting the
emergence of a credible voters register at the end of the registration,
the party demands that the electoral agency, “urgently provide answers”
to the following posers.

“At what point will
double registration by a single person be detected? Is it when the data
collected after registrations are fed into servers at local, state or
federal level? Once detected, how will this problem be addressed? A
successful voter registration is a sine qua non for free and fair
elections. This is why we cannot afford to fail in ensuring that the
ongoing exercise succeeds,” ACN said. The party warned the electoral
commission not to take anything for granted, because unscrupulous
politicians will stop at nothing to tamper with the registration
exercise as a prelude to rigging the forthcoming polls.

The party also
called the attention of INEC to stories making the rounds that the
voter registration has been programmed to fail, hence the massive,
artificial hiccups to give way for the use of discredited voters
register. According to the statement, “the rumour is that once the
ongoing registration fails, INEC will have no choice than to use the
old, discredited register – which it will claim to have cleaned up –
for April’s elections.”

The electoral body was urged to ensure that in the remaining days to
the end of the registration exercise, the suppliers of the machines are
compelled to “deploy the necessary expertise to ensure that the
registration runs smoothly.” The party also enjoined INEC not shy away
from “seeking an extension of the exercise, if necessary” noting that
‘’failure to do that will mean that thousands of voters would be
disenfranchised in April, and that the promise by President Goodluck
Jonathan to organise free and fair elections would have evaporated into
thin air, complete with his credibility and that of INEC Chairman
Attahiru Jega.”

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Ambrose Alli University lecturer in financial scandal

Ambrose Alli University lecturer in financial scandal

A few months after a senior lecturer of Ambrose Alli
University, Ekpoma, Edo State, was involved in a sex scandal that went
viral, another lecturer of the institution, simply identified as Mr.
Uhumuavbi, has been sanctioned by the governing council of the
university for fraud. Mr. Uhumuavbi, a reader in the department of
curriculum and instruction of the institution, was accused of
unauthorized spending of N3,252,540 and un-retired funds amounting to
N3,070,550 that was in his possession. He was alleged to have committed
the fraud as head of the water unit of the university during the
administration of former vice-chancellor, Dan Aigbomian.

Following petitions written against him, an ad-hoc
senior staff disciplinary committee was set up to consider the case and
established a case of misconduct against the reader, which the
university’s governing council adopted at its 171st meeting held
December 9, 2010. According to the deputy registrar, information/public
relations of the institution, Chris Adamaigbo, Mr. Uhumuavbi is to
“refund the sum of N3,252,540 being unauthorized spending, as well as
pay back the sum of N3,070,550 unretired fund to the university.”

Banned from office

A further sanction includes the denial to the
lecturer of promotion for three years from the date he meets the
relevant criteria, just as he has been barred from holding any position
in the university for the rest of his working career.

The disciplinary
action, the release emphasized, was in tune with the determination of
the governing council to promote integrity, transparency and
accountability in the handling of university assignments by staff and
students. Some members of the university were, however divergent in the
reactions, as some said the punishment was not commensurate with the
offence, while others felt he was being persecuted because he lacked a
godfather. Those who felt the disciplinary committee was too lenient
cried foul play, saying that some other university employees who had
committed less offences in the past were dismissed, while others also
alleged that those who committed more grievous offences in the past
were covered up.

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Lawmaker freed of murder charges

Lawmaker freed of murder charges

Two legislators
detained for the alleged murder of Joseph Akpan-Akpudo – an aspirant to
the Akwa Ibom State House of Assembly on the platform of the People’s
Democratic Party (PDP)-have regained their freedom.

The released
legislators are Ekong Sampson representing Mkpat Enin state
constituency at Akwa Ibom Assembly and Bernard Udo representing Ikot
Abasi Federal Constituency at the House of Representatives.

Also released was, the Chairman of Mkpat Enin local government
Akparawa Mfon Nkanteen, his secretary Ubong Inyang, House Leader of the
council; Udobong and former Vice-Chairman Imowo Udobia. Their release
after three weeks of detention came on the heels of the arrest of a six
man killer gang by the State Police Command recently. According to Mr
Sampson, one of the freed lawmakers, the arrest and confessions of
those behind the crime have vindicated him and others earlier detained.
He assured the people that there was no cause for alarm as he had no
hand in the assassination of the slain politician and medical doctor.

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Breweries, other sectors hold investors interest

Breweries, other sectors hold investors interest

As
the level of confidence in the Nigerian capital market builds up in the
banking subsector this year following government’s intervention in the
industry, trading activities in other sectors as well have shown that
investors are also seeking safe haven in Breweries and Food/Beverages
sectors.

Analysis
of trading activities in the two sectors, in terms of traded volume,
since transaction reopened at the Nigerian Stock Exchange (NSE) this
year, showed an increase of 45 per cent in Breweries’ stocks and an
increase of 250 per cent in Food/Beverages’ stocks when compared to the
volume traded fortnight to the end of last year.

Within
two weeks, trading in Breweries sector grew from 10.9 million shares to
15.8 million while Food/Beverages sectors moved up from about 58.1
million shares to 202 million.

Bola
Oke, a finance analyst at WealthZone Company, an investment management
firm, said equities in the Breweries and Food/Beverages sectors have
always been the toasts of retail investors as well as fund managers.

A
stockbroker at Eurocomm Securities Limited, Virginus Agada, said that
companies into fast moving consumable goods and brewery business are
good stocks to buy because “when people are happy they drink and eat to
celebrate and when they are sad they still drink and eat.” Mr. Agada
said, “Investors should buy more stocks in the breweries sector because
drinks will continue to sell whether in festive or depressed seasons.”

Heineken acquisitions

While the Food/Beverages sector may lose one of its blue chip stocks,
Nigerian Bottling Company, bottlers of Coca Cola drinks, following the
company’s plan to delist, the Breweries sector may get more patronage
following the recent acquisition of some breweries by Heineken, the
majority shareholder in Nigerian Breweries.

Heineken,
last week, announced that it has strengthened its platform for growth
in Nigeria via the acquisition of two holding companies from the Sona
Group. The two acquired businesses have controlling interests in each
of the Sona Breweries, International Beer & Beverages Industry,
Benue Brewery, Life Breweries Co., and Champion Breweries.

Tom
de Man, President ,Africa & Middle East of Heineken, said the
company’s interest in the nation’s beer industry is because “Nigeria is
one of the world’s most exciting beer markets and one of the most
important countries for Heineken.” The spokesperson for Heineken
Nigeria, Edem Vindah, and his counterpart at Nigerian Breweries, Yusuf
Ageni, could not comment on why Nigeria has been chosen as the
destination for beer market. Efforts to contact George Toulantas,
investor relations manager of Heineken in Greece, were also not
successful as calls and text message to his phone number did not go
through.

Meanwhile,
a report by Renaissance Capital, an investment bank, said, “Nigeria is
the second largest beer market in Africa with an estimated production
capacity of 17 mn hl in 2009, representing 15 per cent of the African
market’s estimated total beer production capacity of 92 mn hl.” “In our
view, Nigeria is a good first point of call with its strong
demographics: a population of 156 mn and estimated gross domestic
product (GDP) per capital growth of 8.6 per cent,” the report said. It
further noted that Nigeria remains one of the least penetrated beer
markets in the world, particularly in terms of its strong demographics.

“Because
of this, we believe that growth in beer consumption will be driven by
rising per capita income and GDP; an increase in per capita beer
consumption; Nigeria’s young population and its steady population
growth, and a gradual change in cultural factors, as a bar culture
arises among the younger population,” it said.

In
the mean time, the report said that this “aggressive move” by Heineken
should be “a cause for concern for other players in the Nigerian
market, like Diageo (through Guinness Nigeria) and SAB Miller,” adding
that follow-up reactions to this development is expected by other
competitors.

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Airport authority continues with airlines grounding

Airport authority continues with airlines grounding

The Federal
Airports Authority of Nigeria (FAAN) has said that it will continue
with the grounding of domestic carriers indebted to it as the week
progresses.

Explaining that
airline operators in Nigeria are not responding positively in paying up
their dues, the airports authority disclosed that it will not hesitate
to shut down the operations of persistent defaulters in the sector,
adding that the grounding of airlines negatively impact on the
travelling public.“They are responding but the response is not
impressive, which means if we are not satisfied during the week days,
we will strike again,” said Akin Olukunle, General Manager, Public
Affairs for the authority on Sunday, adding, “we don’t want to keep
shutting their operations for it affects the industry, it affects the
stakeholders particularly the passengers.”

Mr Olukunle
disclosed that the authority had to carry out a temporary halt on the
operations of some indigenous carriers at the weekend, as he noted that
the affected airlines have the choice to commence flight services as
soon as they clear their debts.“It was a temporary action on our part;
it’s just a suspension, so they can resume anytime as far as they come
and clear themselves with us,” he said.

According to
reports, FAAN during the early hours of Sunday suspended the operations
of Aero Contractors, Dana Airlines, Chanchangi and IRS Airlines over
their inability to pay up their debts to the authority.

The grounding of
airlines last Sunday by the Federal Airports Authority became the
fourth time the agency would halt operations of domestic carriers in
Nigeria over issues of negligence in the prompt and adequate payment of
their debts.The issue of airlines’ indebtedness to various agencies in
the sector has been brought before the Airline Operators of Nigeria on
several occasions, and the association, while pleading on behalf of its
members, had called on the carriers to comply. The perpetual debt and
adamant nature of some of the carriers made the Nigerian Airspace
Management Agency (NAMA), another regulator in the sector, to embark on
what it called pay-as-you-go for terminal navigational charges.

Mr Olukunle,
however, disclosed that the authority will keep dialoguing with the
airlines until a meaningful outcome is achieved.“We will give them
enough room so that this will not disrupt total operations and
passengers will not be affected, but we are pleading with the concerned
airlines to pay up so that we can improve our facilities,” he said.

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