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Ensuring food security in Africa

Ensuring food security in Africa

By most accounts, agriculture is the mainstay of most African
economies, as experts insist that Africa has what it takes to produce food for
its population of about one billion people and even export food to other
regions of the world. The continent, which is blessed with good weather and
geographical conditions, has the capacity to produce food to feed its
inhabitants, all things being equal.

Agricultural experts, however, note that some regions of the
world, including Africa, have been experiencing a food crisis, as global food
prices spiralled upwards, partly because of rising fuel prices, among other
factors.

The rising food prices have elicited a lot of concern from
observers and agencies such as the World Bank, whose Food Price Index is
currently around its 2008 peak.

Since June 2010, an additional 44 million people fell below the
1.25-US-dollar poverty line as a result of higher food prices, says the latest
edition of World Bank’s Food Price Watch.

The situation may even get worse, as simulations show that a
further 10-percent increase in the food price index could lead to 10 million
people falling into poverty, while a 30-percent increase could increase poverty
by 34 million people.

African economies

However, the situation varies from country to country. The World
Bank publication indicates that low-income and lower-income countries are
experiencing an average 5 percent points’ higher food price inflation, when
compared to better-off countries. A special focus on the Middle East and the
North African region in the publication reveals a double-digit food price
inflation in Iran,

Egypt and Syria, with more moderate levels in other parts of the
region. In spite of the gloomy picture, experts, nonetheless, insist that
Africa has the wherewithal to produce abundant food, attain food security and
even export food to other continents. Calestous Juma, a professor of the
Practice of International Development, Harvard Kennedy School in the US,
belongs to this school of thought.

He stressed that agriculture remained the strength of most
African economies, adding that if agriculture was given priority attention in
Africa, the region had the capacity to withstand the vagaries of rising global
food prices.

Mr Juma, who said this at the recent IMF/World Bank Spring
Meeting at Washington DC in the US, stressed that African leaders should focus
their attention and energy on how to use agriculture to foster the region’s
development.

“Agriculture and economy are one and the same, in the sense that
the African economy is driven by agriculture,” he said, adding:

“Therefore, the countries’ ministers of agriculture ought to be
the presidents to enable them to effectively coordinate agricultural activities.”
Mr Juma reiterated that the rising food prices in Africa could be effectively
curtailed if there was a pragmatic focus on agriculture.

Develop agriculture

Sharing similar sentiments, Ngozi Okonjo-Iweala, the managing
director of the World Bank, urged African leaders to focus more attention on
developing their countries’ agricultural sectors, while making pragmatic
efforts to boost food production.

“I think African countries really have to sustain their efforts
to use agriculture funds to ensure food security,” she said.

Mrs Okonjo-Iweala stressed that the global food crisis had been
haunting the world, adding, however, that virtually all the African leaders had
come to realise the pivotal roles of agriculture in efforts to boost the
economy.

Agnes Edmond, an agriculturist, supported Mrs Okonjo-Iweala’s
sentiments but insisted that greater efforts should be directed at expanding
the people’s access to credit facilities for agricultural ventures.

She noted that most African farmers were hamstrung by their lack
of access to agricultural funding, adding that issues regarding the land tenure
system should also be examined.

“Africa has a lot of contentious issues. Corruption should be
checked, the land tenure system should be properly managed, while farmers
should have little difficulties in accessing credit for farming activities,” Ms
Edmond said.

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Market capitalisation sees marginal increase

Market capitalisation sees marginal increase

The market capitalisation of equities at the Nigerian Stock
Exchange (NSE) appreciated marginally by 0.08 percent at the close of trading
session last week, as against a decline of 0.06 percent recorded in the
preceding week.

The NSE market capitalisation of the 194 First-Tier equities
closed last Friday at N8 trillion after opening the week at N7.994 trillion,
reflecting N6 billion gains.

Meanwhile, about N5 billion was lost in the previous week. The
NSE All-Share Index in the week under review also rebounded by 0.08 percent or
21.6 units to close at 25,041.68 basis points from the 25,020.08 recorded at
the beginning of trading during the week. The Exchange has attributed the
marginal gains recorded to the reduction in the number of trading days. “The
stock market opened for three days as last Monday was declared a public holiday
by the federal government to commemorate Easter Monday celebration and Tuesday
was selected to hold the rescheduled State Governorship and House of Assembly
elections,” it said.

Analysts at GTI Capital, a stock broking firm, said the market
witnessed a two day upward rally last week while the rally came to a halt on
Friday “as portfolio investors balance their accounts for the usual month end
reports.” They said despite the significant loss in value in the NSE market
capitalisation, “other subsector gauges remain active.” In the mean time,
market watchers have advised investors to maintain value investing approach in
the coming weeks.

Gainers and Losers

The number of gainers in the week closed at 39 stocks compared
with the 56 stocks recorded in the previous week. Nestle Nigeria topped the
gainers chart for the week with five percent appreciations or N18.39 to close
at N386.22 per share. On the losers’ side, a total of 44 stocks recorded price
decline in the week compared with the 34 stocks that declined in the previous
week. Chemical and Allied Products topped the losers chart for the week with
49.9 percent depreciation to close at N20.99 per share.

A total of seven equity prices were adjusted during the week for
dividend and bonuses as recommended by their board of directors.

The total volume traded in the week closed at 0.92 billion units
valued at N9.72 billion compared with 2.26 billion units valued at N14.15
billion recorded in the previous week.

The banking subsector was the most active during the week,
measuring by turnover volume, with 626.41 million shares worth N6.01 billion.
Volume in the banking subsector was largely driven by activity in the shares of
Zenith Bank, United Bank for Africa, Guaranty Trust Bank and Access Bank.

Trading in the shares of the four banks accounted for 412.2
million shares, representing 65.80 percent and 44.57 percent of the subsector’s
turnover and total volume traded during the week, respectively.

The insurance subsector, boosted by activity in the shares of
NEM Insurance Company and AIICO Insurance followed on the week’s activity chart
with a subsector turnover of 77.61 million shares valued at N55.41 million.
Trading on NEM Insurance Company accounted for 49.03 percent of the insurance
subsector.

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Arsenal blast league wide open

Arsenal blast league wide open

Arsenal started the match like a house on fire, even though they were without the injured Cesc Fabregas. They kept United pinned in their half with about 80 perecent possession in the first ten minutes but the clearest chance in this time, was in the third minute, when a loose ball fell to Jack Wilshire on the edge of the United box but he dragged his shot wide.

This is the kind of missed opportunities that has led to the collapse of the Gunners’ season.

Another great chance was created by Arsenal in the seventh minute when a teasing cross from the left by Gael Clichy was blazed over by Theo Walcott. And in the passage of play, with Arsenal setting a high defensive line, Javier Hernandez was caught offside twice in the first quarter of the game.

There will always be talk about the referee and this match will not be an exception.
Chris Foy, the man chosen to handle the FA Cup final, made too many wrong decisions in the first half and about half of the incidents involved Manchester United captain, Nemanja Vidic. The Serbian centre-back fouled Wilshire on the edge of the box in the 19th minute but Mr Foy waved play on. But the most contentious happened in the 32nd minute when Vidic used his arm to divert for a corner, a cross by Walcott from the right wing. So as the first half ended, all the talk was about the gaffes of Chris Foy.

Ramsey’s goal

The second half was no less easy for Mr Foy as he continued to fumble major decisions. Andrei Arshavin came on for an injured Samir Nasri, but the Gunners kept their shape. Arsenal started on the front foot again but the first goalmouth action was caused by the Red Devils.

In the 50th minute, a free kick about 30m from goal, was almost converted by Rooney but Arsenal’s young goalkeeper, Woljech Szczesny made an outstanding save while Patrice Evra fired into the side netting from a tight angle on the follow up.

United grew in confidence after that near goal and started pushing Laurent Koscielny and Johann Djourou back a bit. But on Arsenal’s next foray forward, they got a deserved goal. Aaron Ramsey won a ball in midfield and fed Robin van Persie, who had shifted to the right.

Van Persie then teased Evra before laying the ball back into the path of Ramsey, who coolly slotted past van der Sar, in goal for United. United then had to at least seek an equaliser and Alex Ferguson brought on Dimitar Berbartov for Hernandez, who had been kept quiet by the Arsenal defenders. Szczesny made a good save in the 77th to help keep the Gunners lead intact.

Rooney played in Nani but Szczesny was quick off his line to make a good stop. Michael Owen replaced Michael Carrick in the 85th minute to try and salvage a goal and Owen almost repaid the faith of his manager in the 87th minute. There were strong penalty appeals, at least from the United bench, when Owen went down just inside the box after contact with Clichy.

Television replays showed that it was a borderline decision for Mr Foy, who waved play on. And that was the last chance that United could muster. They now go into a crunch week where they face Schalke 04 in the Champions League semifinal second leg with a comfortable 2-0 lead and wait to entertain Chelsea at Old Trafford on Sunday for what could be a title-deciding match.

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Russia return imminent for Martins

Russia return imminent for Martins

Nigerian
forward, Obafemi Martins looks set to rejoin Russian club Rubin Kazan,
come the end of the season following an injury-ravaged campaign with
Birmingham.

The Nigerian
international joined the English Premier League outfit in January on
loan until the end of the season from the former Russian league
champions.

Although the former
Inter Milan striker didn’t make an immediate impact with the Blues, he
was to etch his way into the hearts of the club’s fans when he scored
the match-winning goal in their English League Cup final win over
Arsenal at Wembley.

But a spate of
injuries has limited the Nigerian’s appearances for Alex McLeish’s side
to just four starts before his Wembley heroics. And the Scotsman has
hinted that the club’s Wembley hero may have kicked his last ball for
Birmingham.

Martins underwent
surgery last Thursday to repair a stress fracture in his left leg, and
is expected to be sidelined for up to four months, by which time his
loan at St Andrew’s would have expired.

And McLeish has
revealed that making the Nigerian’s move to England permanent when the
transfer window reopens in July has not crossed his mind.

Shame

“It’s a shame for
Oba,” McLeish said in the build-up to Birmingham’s 1-1 draw against
Wolves. “He will probably never have to buy a drink in Birmingham
again, but he’s had a strange season.

“At Wolfsburg and
then Rubin, he never cemented a place. Coming to us, I think he was
looking for a bright new future but he was never quite right.

“I think he showed
flashes in the final, the goal and the time after it when he ran at
Arsenal’s back four and went round the keeper. He was at his best.

“But there were times when I thought ‘where’s the wee man’s explosive jumping power and pace?’.

“Eventually it was clear there were problems. When he went away with Nigeria a sore groin stopped him playing.

“When he came back he was complaining about his shin. It was the stress fracture, it crept up on him.

“What we do in the future with him? I’ve not really given it a thought,” he added.

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Nigeria rise to see off Cameroun

Nigeria rise to see off Cameroun

The
Flying Eagles of Nigeria on Sunday emerged champions of the 2011
African Youth Championship after a hard-fought 3-2 win over the Young
Lions of Cameroun.

It is the sixth time the Flying Eagles will be crowned champions of Africa and also their first AYC title since 2005.

Sunday’s win also means that the Nigerians head into July’s FIFA World Cup in Colombia as African champions.

The Nigerians
however, made things tough for themselves after squandering a two-goal
lead in the match which was played at the Dobsonville Stadium, in
Soweto.

With a quarter of
an hour left on the clock, Olanrewaju Kayode opened scoring for the
Flying Eagles with a shot from inside the Camerounian area following an
error from the Young Lions’ defence.

And when Uche
Nwofor converted from the penalty spot after Kayode was brought down by
Young Lions goalkeeper, Komguep Efala four minutes later, the Nigerians
probably thought they were home and dry.

Fightback

But with eight
minutes left on the clock, the Camerounians, like wounded lions, fought
back and pulled back two goals within the space of two minutes with
Franck Ohandza leading the fight back for his side.

The Thailand based
striker, who grabbed the only goal of the game when both sides met in
the group stage of the tournament, ran into the area and turned his
marker, Gbenga Arokoyo inside-out before slamming the ball off the
underside of Danjuma Paul’s crossbar.

Two minutes later,
Edgar Salli, brought the Young Lions back on level terms with the
Flying Eagles with an unstoppable drive from inside the Nigerian area
after some sloppy defending by Ganiyu Ogungbe, who uncharacteristically
headed the ball onto the path of the Camerounian forward.

The game then
drifted into extra time, but it was the Nigerians that were to have the
last laugh, when substitute Terry Envoh dribbled his way into the
Camerounian area in the second minute of extra time, to score what
turned out to be the match-winning goal.

It was a deserved victory for the Nigerians who were for the greater part of Sunday’s encounter the better side.

Kayode’s show

John Obuh’s side
also had far more chances than the Camerounians and came close to going
ahead in the 11th minute through Kayode. But the ASEC Mimosas of Cote
d’Ivoire youngster, following a cross from the right by Nwofor, headed
the ball onto the crossbar much to the delight of Efala who was rooted
to the spot.

And with two
minutes to the end of the first half, Kayode found some space in the
Camerounian area only to smash his shot onto the side netting with
Efala at his mercy.

The Camerounians
also had chances of their own and Salli proved more than a handful for
the Nigerian defence with his powerful runs and mazy dribbles. But the
Nigerians always looked the more likelier to score, and deservedly went
ahead in the 75th minute when Kayode latched onto an error by the
Camerounian defence, ran into the area before slamming the ball past an
onrushing Efala.

Four minutes later,
Efala was slow in coming off his line and brought Kayode down in the
area for a penalty, which Nwofor dispatched with ease to grab his
fourth goal of the tournament, and thus overtake South Africa’s Lucky
Nguzana on the scorers’ chart.

Then came two goals
in as many minutes by the Camerounians, before Terry Envoh, who took
the place of the injured Abduljeleel Ajagun on the dot of 90 minutes,
dribbled his way past the tiring Camerounian defence, before calmly
slotting the ball under the onrushing Efala for the cup-winning goal.

It wasn’t over yet
though as the Camerounians adopted a gung-ho approach and could had
pulled back on level terms once again but for impressive saves by the
Nigerian goalie.

Not even a 113th minute red card to Kayode for a second bookable
offence could deny the Nigerians a deserved victory as they now set
their sights on Colombia.

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Retire old legs from Super Eagles now, Nnamdi tells Siasia

Retire old legs from Super Eagles now, Nnamdi tells Siasia

The gradual phasing out of aging players from the Super Eagles by coach Samson Siasia has been described as good for the team. AC Milan player, Nnamdi Oduamadi, said as much to NEXT in an interview after the Nigeria’s U-23 team beat their counterparts from Liberia 6-1, at the Samuel Ogbemudia Stadium in Benin on Saturday.

He observed that in view of the tiring legs, it is becoming very difficult for the aging players to continue to assist the younger ones as they apparently have lost the pace which they were once known for. Odumadi said that with hard work, he hopes to get another call up to the senior national team to fight for a shirt.

The tension-soaked second leg match of the London 2012 Olimpic Games qualifiers saw the visitors taking the lead from the spot kick in the 24th minute after dictating the pace of the first ten minutes.

The Austin Eguavoen-tutored side, however survived the early onslaught piled on the by the visitors. Nigeria got the equaliser through Daniel Uchechi from a penalty in the 29th minute. The Liberian side thereafter lost control of the midfield, as the duo of Uchechi Nnamdi and Nosakhare Igiebor took full charge of the midfield, completely cutting off the visitors, and this resulted in three more goals before the end of the first half.

On resumption for the second half, Ganiyu Oseni increased the tally to four to give hope to Nigeria’s bid to hoist its flag in London in 2012 and further dashing the hopes of the Liberians.

The introduction of Ikande Harmony in place of Odumadi Nnamdi in the 82nd minute of the game also yielded dividends as Oseni increased his tally to two. Though it must be noted that the Nigerian players missed several gilt-edged scoring chances before Nosa Igiebor scored his third goal of the encounter in the 88th minute to end the game six goals to one.

Roberto Landi, the Italian coach of the Liberian side described his lads as a young, home based team, which he said he is fine-tuning for the future of the national team of Liberia. He however said that a costly mistake by his side made them pay dearly with the wide goals margin.

Coach of the Dream Team V, Austin Eguavoen, dedicated the victory to departed Super Eagles defender, Olubayo Adefemi. Adefemi died in a ghastly motor accident in Greece, and was buried in Lagos on Friday. Eguavoen described Adefemi as a dependable player who always played to instructions, saying that he left when Nigeria needed him most in the process of rebuilding of the national team. A one-minute silence was observed in Adefemi’s honour before the commencement of the game.

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Siasia bids Olubayo farewell

Siasia bids Olubayo farewell

Super
Eagles coach, Samson Siasia could not hold back tears as he walked past
the casket of Adefemi Olubayo, who was yesterday buried at the Atan
Cemetery in Lagos.

Siasia, clad in all
black attire, just like the hundreds of football fans at the indoor
sports hall of the National Stadium; venue of the lying in state
ceremony for the former Super Eagles defender, was downcast and hardly
audible when he struggled to answer questions from journalists.

“He was my boy” he
said. “Olubayo was very close to me, he was very humble and also a
focused player, Nigeria will miss him greatly”

The Beijing
Olympics silver-winning coach said he will meet with other Super Eagles
players to fashion how they could best support the family of Adefemi,
who was the bread winner of his family before his tragic death in
Greece.

“As a team we
cannot force any of the players to do something special for the late
Olubayo Adefemi or to promise anything on their behalf, but we can
advise to that effect. What we will suggest and advise the players to
do, is to support the family of Adefemi in a way that it would have a
long, lasting and positive effect on his family,” said Siasia.

Siasia could best
be described as Olubayo’s mentor, nurturing him to stardom right from
the Africa Youth Championships in Benin Republic (2005) then to the
World Youth Championships (2005) in Holland and also to the Olympic
Football event in Beijing (2008).

Adefemi died on
April 18, 2011, in an automobile accident in Greece. Greek police said
the 25-year old defender, who played for Skoda Xanthi, lost control of
his car on the Egnatia motorway while driving from Xanthi to Salonika
in the Kavala region of the country. He was reportedly on his way to
Nigeria to finalise details of his wedding when the accident happened.

Already the Nigeria
Football Federation, through its technical director Chris Green, has
promised to immortalise Adefemi who was regarded has a patriotic
Nigerian.

“He is a shining example to other upcoming players; he puts in his
best each time he is called to serve his country on the pitch. We will
definitely immortalise him” he said.

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United striker Berbatov fit to face Arsenal

United striker Berbatov fit to face Arsenal

Manchester United striker Dimitar Berbatov has recovered from a groin injury and will be fit for the Premier League leaders’ trip to Arsenal, manager Alex Ferguson said Friday.

Ferguson is planning to make changes for Sunday’s game at the Emirates and Wednesday’s Champions League semi-final second leg against Schalke 04 as he gears up for a potential title decider against Chelsea next weekend.

That could pave the way for Berbatov, the Premier League’s top scorer with 21 goals, to feature after often becoming a peripheral player with Mexican goal poacher Javier Hernandez preferred as a strike partner for Wayne Rooney.

“He’s trained all week … he’s available,” Ferguson told a news conference.

“I’ve got a strong squad, I can make a few changes if I want to Sunday, I can make changes Wednesday also.”

United, chasing a record 19th league title, were also boosted by news that midfielder Darren Fletcher has recovered from a virus that sidelined him for two months and could return against Schalke, where his team hold a 2-0 advantage in the tie.

“I’ll possibly include him in Wednesday’s game, maybe get 45 minutes out of him,” Ferguson said.

“He’s put the weight back on, he’s working hard in the gymnasium, he’s a great addition to the squad at this time of year having missed a couple of months.”

Six weeks ago, Sunday’s match looked like it would go a long way to deciding the title as Arsenal were three points behind United with a game in hand.

Since then, a series of draws stalled the London side’s campaign before last weekend’s 2-1 defeat by Bolton Wanderers marked the end of any realistic challenge, while Chelsea have launched a late bid to defend their title.

But by the time Chelsea visit Old Trafford next Sunday, United could be in a position to wrap up the title under the current champions’ noses.

With four matches to play, United lead the standings with 73 points, with second-placed Chelsea on 67 and Arsenal a further three points behind in third.

“I think that there is still drama ahead, the teams at the top will drop points, including Chelsea,” Ferguson said. “If we get to the last game needing to win (home game against Blackpool) to win the league I’ll be happy with that.”

REUTERS

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Adefemi receives last respects

Adefemi receives last respects

The national stadium, Surulere was agog with fans and
well-wishers on Thursday as the body of the late Super Eagles and Skoda Xanthi
defender, Olubayo Adefemi was laid to rest.

On hand to pay their last respects were Super Eagles coach,
Samson Siasia; former Nigerian goalkeeper, Ike Shorunmu; Nigeria Football
Federation (NFF) technical director Chris Green, family members, journalists,
and fans.

The day, which began with a lying-in-state at the national
stadium saw representatives from the NFF, sportswriters and fans pouring
encomiums on the late Adefemi.

Speaking on the loss, Siasia exclaimed that it was sad to lose a
player that young, stating that a promising career had been cut short by fate.

For his part, Yomi Opakunle, a journalist described the defender
as somebody who was God-fearing.

“He did not speak two sentences without acknowledging God,”
Opakunle said. “He was so humble and respectful.”

From the stadium to the
grave

From the national stadium, all roads led to the Atan Cemetery
where a brief ceremony was held.

Speaking at the graveside, Adesanya Adewara of the Celestial
Church of Christ, while delivering a sermon, admonished the crowd to examine
their lives.

“There is time for everything and I tell you, one day, each and
every one of us is going to answer the call, but the only thing that would
speak for us is the impact we have had on people,” he said.

He added: “Though Adefemi’s life was short, it was a life well
spent because of what we have heard about him.” He thereafter enjoined his well
wishers not to forget him and the legacies he was trying to leave behind.

Teammates speak

Some of his teammates also expressed sorrow at his demise. Yinka
Adedeji, Adefemi’s long-time friend, who also played alongside the late player
in the Flying Eagles, as well as in the Olympic team, explained that Adefemi’s
demise would leave a gap in his heart.

“The extent of love, which we have for each other as a team and
as individuals is great and we are going to miss him,” he said.

“To me, Olubayo was more than a friend, he is a brother. We have
been very close; we are just like five and six.

“I have so many memories of him and one thing is that he would
be remembered forever. His memory would forever linger in my heart,” Adedeji
concluded.

Goalkeeper for the team that won silver in the U-20 World Cup in
2005, Ambrose Vanzekin, explained that it still unbelievable to him that his
former teammate is no more.

“For me, he is a brother, he is a friend and we have been
together in the national team for a long time,” said Vanzekin.

“The first time I heard about it, I could not believe my ears
because it was like a dream. I could not go to train that morning. The way I am
now, I have not been myself since I heard the news.

“I have not been able to play games; I told my coach that I was
not psychologically fit. He was a brother to us, we started the whole thing and
it is so sad when you see one of your numbers gone. I pray God would help his
family to be able to bear the loss.”

Vanzekin also spoke about the one recurring memory he has of the
late defender.

“Every time he scored a goal, he had a special way of
celebrating it. He would act like he was riding a boat and this is what I
continue to see when I think about him and that is one memory I would never
forget of him.”

Adefemi is survived by an aged mother, sisters, brother, nephews and nieces.

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Nigeria begins WAFU Cup defence against Mali

Nigeria begins WAFU Cup defence against Mali

Nigeria’s Super Eagles will commence their defence of the WAFU
Cup of Nations with a game against the Eagles of Mali.

The draws ceremony on Thursday had the Super Eagles coming out
of the pot with the national teams of Niger and Liberia in Group A. Group B
consists of Senegal, Gambia, Togo and Ghana.

The ceremony took place under the supervision of the
secretary-general of the West Africa Football Union (WAFU), Aka Malan, in
Abeokuta and had in attendance football bigwigs, such as veteran Nigerian coach
Kashimawo Laloko and the sports commissioner of Ogun State, Bukola Olopade
amongst others.

The championship which will see eight countries competing for
the coveted trophy gets underway on May 5, 2011 at the 35,000 capacity Moshood
Abiola International Stadium, Abeokuta with the Nigerians taking on the
Malians.

It would be recalled that the WAFU Championship, which was
introduced in 1975, became moribund thereafter for nineteen years, but was
resuscitated by the Ogun State Government last year.

Nigeria won last year’s tournament after defeating Senegal in
the final.

In a related development, official draws of the 26th Edition of
the Eyadema Cup was also conducted yesterday with twelve clubs across West
Africa participating in the tournament scheduled to hold in Togo in December
2011.

The clubs include, Atletic De Coleah (Guinee), Horoya AC (Guinee), ASC Niary
Tally (Senegal), ASC Hlm (Senegal), Mighty Barrolle (Liberia), Watanga
(Liberia), Akonana FC d’ Arit (Niger), Dan Ka FC de Maradi (Niger), Aduana
Stars (Ghana), Kwara United (Nigeria) and Rangers International (Nigeria).

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