Archive for nigeriang

Polytechnic screens 57, 000 for 4, 500 vacancies

Polytechnic screens 57, 000 for 4, 500 vacancies

A total of 57, 000
candidates are expected to be screened for the 4, 500 vacancies
available for the 2010/2011 academic session in the Auchi Polytechnic,
Edo State.

The spokesperson of
the polytechnic, Mustapha Oshiobugie, who gave the figure, said that
the screening was for candidates who chose the institution as their
most preferred, more preferred and preferred school.

Mr Oshiobugie also
said that the post matriculation screening exercise would hold between
August 25 and August 27, and that the figure was 50 per cent more than
the number screened by the polytechnic in the 2009/2010 session.

More than 1.3 million candidates had applied to study various
courses in the country’s tertiary institutions of learning for the
2010/2011 session, while according to JAMB, only 550, 000 admission
spaces are available for the candidates.

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Assembly service commission confirms Maikasuwa as clerk

Assembly service commission confirms Maikasuwa as clerk

The National Assembly Service Commission has confirmed the appointment of Salisu Maikasuwa as its substantive Clerk.

A letter signed by the Executive
Chairman of the Commission, Ahmed Dogondaji, dated August 17, said the
appointment followed the retirement of Oluyomi Ogunyomi from the
service.

Mr Ogunyomi, who had proceeded on a
mandatory three-month leave beginning May 13, finally left the service
on August 15. While he was on leave, Mr Maikasuwa, a former Deputy
Clerk, was appointed in acting capacity.

The letter quotes Mr Dogondaji as
saying that the appointment was in recognition of “his work,
dedication, responsible conduct and loyalty to the leadership of the
highest law-making institution in the country”.

The commission charged the new clerk to continue exhibiting good
conduct and attributes of exemplary leadership, to justify the
confidence reposed in him. The appointment takes effect from August 16.

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Ekiti courts go on vacation, registrars’ promotion results released

Ekiti courts go on vacation, registrars’ promotion results released

Courts in Ekiti
State on Monday proceeded on the 2010 annual vacation, with the state
Acting Chief Judge, Silas Oyewole, saying in a statement in Ado Ekiti
that normal court activities would resume on September 24.

He said the legal
year for 2010/2011 would commence on September 27 and that the vacation
would not lead to closure of court activities, as criminal cases might
be heard subject to the leave of the court.

The statement added
that during the period of recess, courts would remain open and operate
throughout the vacation. Meanwhile, the state judiciary has released
the results of examinations conducted for the post of Higher Registrar
on Grade Level 08.

A statement issued
by A.J Apuabi, a Deputy Chief Registrar, on behalf of the Registrar,
said 24 out of 29 candidates passed the examination with more than 50
per cent, with the remaining five candidates scoring below.

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Imam, Fela, Soyinka, others to be honoured

Imam, Fela, Soyinka, others to be honoured

Afrobeat creator,
Fela Anikulapo-Kuti, his brother, Olikoye, Nobel Laureate, Wole
Soyinka, and novelist, Abubakar Imam, are among 28 eminent Nigerians to
be inducted into The Nigerian Hall of Fame for Letters and The Nigerian
Hall of Fame for Science.

The induction
ceremony of the quartet and others including the late mathematician,
Chike Obi; psychiatrist, Adeoye Lambo; neurologist, Benjamin Osuntokun;
artist, Ben Enwonwu; poet, Christopher Okigbo; and Oladipo Akinkugbe
will hold at a gala night on Saturday, October 9.

Honour for excellence

A statement from
Ifeanyi Mbanefo, manager, corporate communications and public affairs
of Nigeria LNG Limited, said, “They will be honoured for outstanding
contribution to science and letters, which has put Nigeria on the world
literary and scientific map, promoted learning and scholarship, and
bettered the lives of Nigerians.”

The gas company is co-organising the ceremony with The Nigerian Academy of Science and The Nigerian Academy of Letters.

Mr. Mbanefo added
that the list of 28 people was arrived at after “three months of
extensive consultations and scrutiny by eminent panellists empowered by
The Nigerian Academy of Science and The Nigerian Academy of Letters.”

President, Nigerian
Academy of Science, Oye Ibidapo-Obe, and two other academics, Ekanem
Braide and Sunday Bwala, were on the science panel; while Romanus
Egudu, president, Nigerian Academy of Letters, worked with Ayo Banjo
and novelist, Zaynab Alkali.

Author of the popular ‘Things Fall Apart’, Chinua Achebe; the late
master potter, Ladi Kwali; and Gordian Ezekwe of the Biafran Ogbunigwe
fame, are also amongst the 28 people that will be honoured at the event
where winners of The Nigerian Prize for Science and The Nigerian Prize
for Literature will receive their prizes.

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70% of Nigerians say judiciary is corrupt

70% of Nigerians say judiciary is corrupt

Seventy percent of
Nigerians believe that the country’s judiciary is corrupt, says a
survey released by a group, Socio-Economic Rights and Accountability
Project (SERAP).

The survey is part
of a report titled “14-Point Programme for Promoting Ethics and
Integrity at the Magistrates’ Courts” released recently.

The report, written by SERAP consultant, Modupe Atoki, also had the backing of the Royal Netherlands Embassy.

Speaking during the
launch of the report last Thursday, Adetokunbo Mumuni, the Executive
Director of SERAP said that “our research reveals that the absence of a
national action plan and policy to comprehensively address corruption
and the impunity of perpetrators is a major contributory factor for the
prevalence of judicial corruption in Nigeria”.

While pointing out
that corruption in the judiciary is not limited to magistrate courts,
the report said that the magistrate court was made the focus “given the
important role it plays in the administration of justice in the
country.”

The report said the
magistrate court “is the first point of call for all minor offences and
for all minor civil matters. Except offences that attract capital
punishment like murder, most of the offences created in our penal laws
are handled by the magistrate courts”.

It further stated
that “Over 80 percent of criminal cases end up before the magistrate
courts. Statistics show that in Lagos State magistrates have up to 1000
cases in their docket.” It identified the lack of judicial independence
and accountability as the major cause of corruption in the magistrate
courts.

It further stated
that corruption in the judiciary also stems from “undue influence from
the executive and legislative branch of government, low remuneration
and poor condition of service, the administrative nature of the roles
of judges [magistrates] which gives far reaching discretionary powers
but weak monitoring of the execution of those powers, lack of
transparency and the absence of computerised, comprehensive and
regularly updated database and backlog of cases which further worsen
the effects of corruption in the judiciary”.

The report revealed that support staff of court were identified as the arrow heads of corruption.

Ways of promoting judicial integrity

In order to
establish integrity in the magistrate court, the report recommended,
the security of tenure of magistrates through transparent appointment,
promotion and discipline regime; the advancement of professionalism,
continuing education and training of magistrate and support staff; and
ensuring sufficient transparency to command public confidence.

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Agency seals MTN base station

Agency seals MTN base station

The National
Environmental Standards, Regulations and Enforcement Agency (NESREA) on
Monday in Abuja sealed a base station belonging to MTN Nigeria, located
at N0 2, Oyo Street, Area II, Garki.

Speaking to
journalists after the exercise, Timothy Okeowo, the Director,
Administration and Finance, of the agency said the action became
necessary after several complaints by residents of the area.

Mr Okeowo said that residents had complained about noise pollution which disturbs their sleep and other environmental hazards.

“People complained
and we wrote to MTN and they did not show any interest. That is why we
are here to enforce the provision of the law. We gave them up till
August 23 to submit their audited Environmental Impact Assessment
Report. As we are talking, they have not done anything concerning the
issue.

“We cannot sit down and fold our hands and let people suffer, the director said.

Bola Odugbesan,
the Director, Legal Services of the agency, also said that the exercise
marked the beginning of a clampdown on base stations of
telecommunications operators that had not complied with the deadline.

“The agency does not give deadlines and go to sleep; the clampdown has taken effect from today,” he said.

The agency has been having problems with telecommunications
operators over the location of masts and base station in residential
areas without an environmental impact assessment report.

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3,000 cases of cholera in Nigeria, Cameroon and Niger

3,000 cases of cholera in Nigeria, Cameroon and Niger

The World Health Organisation (WHO) said on Monday
that it had recorded more than 3,000 cases of cholera in northern
Cameroun, Nigeria and Niger.

According to the UN agency, Cameroun had the highest cases with more than 2,800 cases and more than 200 deaths since May.

Onyebuchi Chukwu, Nigeria’s Health Minister had
indicated that the death toll and infection rate from the epidemic
could be higher.

Last Thursday, Mr Chukwu told the Hausa service of
the BBC that the death toll from the cholera outbreak in northern
Nigerian had risen to 231 while 4,600 others had been infected.

The UN agency said the fatality rates linked to
cholera in these countries were too high compared to the 1.0 per cent
threshold tolerated.

The Coordinator of the WHO’s group on cholera,
Claire-Lise Chaignat said there was clearly an epidemic of cholera
around the Lake Chad Basin where access to safe water is very scarce.

“We know that cholera is food-borne disease that
is in fact food that has been in contact with contaminated water is, of
course, at high risk of transmitting cholera to people.

“So, very good food hygiene is actually very important for preventing the disease from spreading,” she said in a statement.

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‘Communication Commission is not involved in waivers’

‘Communication Commission is not involved in waivers’

A
spokesperson of the Nigeria Communication Commission (NCC) has said
that the commission is not involved in granting tax waivers to
telecommunication companies.

The
House of Representatives had accused the commission of helping to
arrange dubious tax waivers for telecommunication companies following a
review of the Auditor General’s reports between 2003 and 2005 asking
the Economic and Financial Crimes Commission (EFCC) to investigate the
waivers.

Reuben
Muoka, NCC’s spokesperson, said in a telephone interview, that, “Those
associating the commission with tax holiday to the telecom companies
are totally misinformed. The commission does not grant tax waivers for
telecom companies.

“Those
responsible for recommendation of tax exemptions are the Nigeria
Investment Promotion Commission (NIPC), Federal Ministry of Finance,
Federal Ministry of Commerce, National Planning, and other government
agencies.”

Mr. Muoka further explained that tax waivers are not only in the telecom sector, but in all other sectors of the economy.

“The
essence of the tax holiday to pioneers was to explore the sector and
the tax waivers given to the telecom companies were fully justified
because they met the criteria for such holiday,” he said.

Meanwhile,
Femi Babafemi, EFCC spokesperson, said that investigations were ongoing
on the matter. “I am aware that we been investigating the NCC over the
tax waivers and in relation to that we invited the former executive
vice-chairman, Ernest Ndukwe, for questioning in 2009 and the
investigation is still on.”

Encouraging first timers

Also
speaking, Kenneth Ugbechie, the secretary of Africa Telecoms
Development Initiative, a non-governmental organisation, said, “When
the telecom companies were given licences in 2001, they were given tax
waiver, which is the same principle all over the world for people that
are investing into business venture, which is called tax wavier or tax
holiday.

“It
is to encourage first timers and that was what the federal government
did in the case of the telecoms companies. But what people are saying
now is that the telecom companies ought not to have been given waiver
since those companies were declaring profit from day one.”

Mr.
Ugbechie explained that the reason why the telecom companies have been
making profit in their business is because they have done well.

“I
think that is illogical to say that they should not have been given tax
waiver. They started making profit because they did their job well.
They deserve to be given tax wavier because as at the time they came
into the country, the sector was poor and nobody was willing to invest
in the sector,” added Mr. Ugbechie.

Mr.
Muoka said, “The dividends of that tax holiday are very visible in all
sectors of the economy from the banking sector, labour, and several
business activities that have been generated from telecom sector.”

“The
Gross Domestic Product (GDP) has improved as a result of the telecom
sector and the image of the country within the global community has
gained a lot of mileage as a result of telecom revolution,” Mr. Muoka.

“When something is done well and done rightly, we should not
quarrel with it. The House of Representatives have to be told the truth
and stop chasing shadows,” concluded Mr. Ugbechie.

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South African miners strike at Exxaro

South African miners strike at Exxaro

More than 600
workers at Exxaro’s mineral sands unit in South Africa went on strike
on Monday, a union said, while 1,700 planned to do the same at a Rio
Tinto-BHP Billiton joint venture.

The National Union
of Mineworkers (NUM) said workers at Exxaro’s KwaZulu Natal sand units
were demanding a 14 percent rise in wages. The company has offered an 8
percent increase.

“Our strike is
indefinite. With us, you either deliver on our demands or you go fry
eggs,” Bhekani Ngcobo, the union’s regional coordinator for the
province, said in a statement.

Trevor Arran, the
head of Exxaro’s mineral sands and base metals businesses, said the
company would ask the union to drop its wage demand as it was higher
than the below 8 percent pay settlements at its other units and core
businesses.

“We certainly think it is unrealistic,” Arran said.

Arran said the
strike would not impact Exxaro’s operations as production at the mines
had been suspended before the strike and the company also had enough
stockpile of slag, used to produce titanium dioxide, at the units with
a 200,000 tonnes annual slag output capacity.

Ngcobo said the
union was demanding that Exxaro phases out a certain grade in which
workers’ monthly net pay was 5,800 rand and place them in a grade of
over 7,000 rand.

“We further demand
that the company should ban the usage of labour brokers and offer a
housing allowance of 2,000 rand a month,” Ngcobo said.

NUM also said it
would on Tuesday give 48 hours’ notice to strike at the BHP-Rio Tinto
Richards Bay Minerals joint venture if Rio Tinto did not agree to its
demands by the end of Monday.

The union is demanding a 10 percent pay rise on a one-year deal. Rio Tinto has offered an 8 percent rise on a three-year deal.

The NUM is also demanding a rise in housing allowance to between 4,000 and 6,000 rand, depending on the employee group.

Rio Tinto said it would comment later on the planned strike.

South Africa, the
continent’s biggest economy, has been hit by a wave of strikes and
strike threats in both the private and public sector, which have led to
above-inflation settlements and stoked fears that the cost of living
will rise.

South Africa’s inflation rate slowed to 4.2 percent in June.

Shares in Exxaro were up 1.48 percent at 114.88 rand by 1349 GMT, compared with a 1.83 percent rise on the JSE’s Top-40 Index.

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Leadership change will foster market stability

Leadership change will foster market stability

Some finance
analysts have said that the recent change in leadership of the Nigerian
Stock Exchange (NSE) would bring stability to the market soon, despite
the current unsteady performances at the Exchange.

The NSE measuring
parameters, which recorded gains in three of the five trading days last
week, depreciated at the close of Monday’s trading by 0.51 percent.

Laoye Jaiyeola,
president of the Chartered Institute of Bankers of Nigeria, said the
recent action taken by the Securities and Exchange Commission (SEC) to
regulate the Exchange is similar to that which the Central Bank took
over the banking industry.

“I believe what the
SEC is trying to do is to ensure a strong, stable, and safe capital
market for all investors,” Mr. Jaiyeola said.

He said the regulatory measures the Exchange Commission has taken will soon boost investors’ confidence in the market.

David Adonri, chief
executive officer of Lambert Trust and Securities Company Limited, a
stock broking company, is also optimistic that the market “may firm
stronger as we approach the end of the third quarter.

“The past weeks
have been very turbulent in the market but there is calmness now,” he
said, adding that investors’ confidence is gradually picking up.

Market performance

Meanwhile, at the
close of trading on Monday, the NSE market capitalisation recorded
about N32 billion losses on Friday’s figure of N6.140 trillion, to
close at N6.108 trillion; while the All-Share Index lost 130.21 units
down from 25,106.86 basis points to close at 24,976.65.

A total of 27
stocks appreciated, yesterday, in price while 38 stocks depreciated.
Evans Medicals, Spring Bank, and Northern Nigerian Flourmills topped
the gainers chart for the day with five percent price appreciations.
However, Union Homes topped the losers chart for the day with five
percent depreciation.

The banking sector
led the market transaction volume today with 133.895 million units
valued at N1.001 billion exchanged in 3,000 deals.

Transactions in the
shares of Zenith Bank, UBN, FCMB, and Fidelity Bank boosted the volume
traded in the sector. The total volume of 78.92 million units valued at
N534.637 million traded in the shares of the four banks accounted for
58.40 percent of the entire sector volume and their value represented
53.39 percent of the sector’s value.

The downward trend dominated trading activities in the banking
sector on Monday as the sector records four gainers to 13 losers.At the
Exchange’s floor yesterday, Goldlink Insurance, in its second quarter
financial result of 2010, recorded 10 percent growth in gross earnings
and a 22.11 percent decline in profit after tax.

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