Naija News Friday, April 25, 2014

National News

TIME magazine names Okonjo-Iweala, Aliko Dangote among the world’s 100 most influential people
TEN years after its European edition honoured her as one of world’s ‘Heroes’, TIME magazine has named the Co-ordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, in its yearly list one of the 100 most influential people in the world. The minister is in the “Leaders” category of the respected list, along with Chinese President Xi Jinping, U.S. Secretary of State John Kerry, Russian President Vladmir Putin, Iranian President Hassan Rouhani, Japanese Prime Minister Shinzo Abe and others Business mogul and Forbes 25th richest man in the world, President of Dangote Group, Aliko Dangote, was also among those listed in the “Titans” category which boasts of eminent world personalities like former U.S. Secretary of State, Hillary Clinton; Chair of the U.S. Federal Reserve Board, Janet Yellen and German Chancellor, Angela Merkel. In an accompanying profile, respected global activist and founder of ONE Campaign, Bono, paid tribute to the minister’s contribution to achieving the historic debt deal with the Paris Club and the fight against corruption. He also lauded her for her work as Finance Minister, stating that “she’s got one of the toughest jobs on the planet.

The Guardian, front pg,

Jonathan, Governors Agree to Unite to Fight Insecurity
• Condemn Nyako’s memo
•Northern govs, cattle breeders meet over clashes with farmers
• Herdsmen’s fight at Camerounian border claims 20
For about seven hours Thursday, President Goodluck Jonathan, governors of the 36 states of the federation, service chiefs and heads of security agencies, among others, met behind closed doors in Abuja to examine the security situation in the country. They resolved to put aside their political differences and present a united front in the fight against terror, which in recent weeks, has been politicised. The meeting also discussed the fiery memo from Adamawa State Governor, Alhaji Murtala Nyako, to his colleagues in the North in which he accused the federal government of committing genocide in the North-east, ravaged by Boko Haram terrorists. Besides, it considered the abduction of 234 schoolgirls from Government Secondary School, Chibok, Borno State and the frequent clashes between Fulani herdsmen and local farmers in some northern states. Shortly after the expanded meeting of the National Security Council (NSC), northern governors also met in Abuja and deliberated on the frequent clashes between Fulani herdsmen and farmers. The conflict between the duo has spilled to the Nigerian border with Cameroun where 20 people were killed in a clash between the herdsmen and famers in some villages in that country. After the security council meeting, four governors and the Minister of Defence. Lt. General Aliyu Gusau (rtd), took turns to brief State House correspondents on the various issues discussed and decisions taken.

Thisday, front pg, cont on pg8

Jonathan, govs to military: Rescue abducted schoolgirls
The enlarged security meeting convened by President Goodluck Jonathan on Thursday rose with a directive to the military to do everything possible to rescue the schoolgirls abducted by Boko Haram insurgents last week in Chibok, Borno State.The meeting also flayed Governor Murtala Nyako of Adamawa State over a memo he sent to his colleagues in the North, accusing the Federal Government of genocide against the region.Participants at the meeting, especially state governors were therefore warned to avoid inflammatory comments that could compound the already deteriorating security situation in the country.The emergency rule in Adamawa, Borno and Yobe states that has been on for close to a year was however not discussed at the meeting which lasted about seven hours. The meeting which was attended by all the state governors, heads of all military and paramilitary agencies discussed overall security situation in the country, including the insurgency in the North-East, cattle rustling and kidnapping. It also had the National President, Christian Association of Nigeria, Pastor Ayo Oritsejafor, and the Sultan of Sokoto, Alhaji Sa’ad Abubakar III.

The Punch, pg2&12

Declare full emergency in Adamawa, Borno, Yobe – Edwin Clark
ABUJA— Former Federal Commissioner for Information and South South Leader, Chief Edwin Clark, yesterday, called for the suspension of all democratic institutions in Adamawa, Borno and Yobe states to allow the military have full control of the states until peace and order return. Speaking to newsmen in his Asokoro residence, Abuja, yesterday, Clark particularly urged President Goodluck Jonathan, in consonance with his constitutional powers, to declare a full scale state of emergency in frontline states of Adamawa, Borno and Yobe similar to what had happened in Plateau and Ekiti states. He added that the abduction of 270 female students would not have been possible “under a protective military regime in these states.” Clark said: “This in effect means that all democratic institutions should be suspended to permit the military exercise full control until peace and order returns. “Securing and safeguarding the lives of the citizens of Nigeria is a more sacred duty than political considerations.

Vanguard, pg8

Anxiety mounts as CBN set to announce recapitalised PMBs
For mortgage industry operators and prospective home-owners in Nigeria, anxiety and expectations are high, as the Central Bank of Nigeria (CBN) will in a few weeks to come (in June) announce the names of the primary mortgage banks (PMBs) that have scaled the recapitalisation hurdle. For the operators, expectation is even higher, as the new Nigerian Mortgage Refinance Company (NMRC) will in the same month, commence refinancing mortgages to be originated by the successful PMBs, leading to more liquidity and a robust mortgage industry in the country. BusinessDay had exclusively reported that out of about 83 PMBs, only 40 were able to meet the minimum recapitalisation conditions handed down by the CBN as at December 31, 2013 deadline. Of this number, seven met the N5 billion capital requirement to operate as national mortgage banks, while 33 qualified for operation at the state level, having met the N2.5 billion expected capital to function in that capacity.

Businessday, front pg, cont on pg4

Abuja safe for World Economic Forum –President
President Goodluck Jonathan on Thursday reassured the global community of the safety of all participants in next month’s World Economic Forum on Africa in Abuja.Receiving China’s new Ambassador to Nigeria, Gu Xiaojie, who presented his letters of credence to him at the Presidential Villa, Jonathan said the security challenges being experienced in parts of the country will not undermine the safety of participants during the forum. Chinese Premier, Li Keqiang, will lead China’s delegation to the Forum, which will bring together regional and global leaders to discuss innovative structural reforms and investments that can sustain the continent’s current growth trajectory and create jobs. “I am quite pleased that the Premier of the People’s Republic of China has confirmed that he is coming. “We will be addressing the World Economic Forum on Africa together. We will also sit down together to discuss shared national interests.

Daily Independent, pg8

Business News

70% of bank ATMs exposed to fraud – Microsoft
Over 70 per cent of Automated Teller Machines owned and operated by banks in the country, which are currently running on the Windows XP operating system, are exposed to frauds as Microsoft has foreclosed the extension of the deadline for cyber security support for the banks. Microsoft had on April 8 stopped offering cyber security and technical support for the Windows XP, following a year’s notice. Banks in the country have been discussing with Microsoft Nigeria for a possible extension of the deadline.

The Punch, pg24

NNPC Seeks Swift Embrace of Cooking Gas by Nigerians
The Nigerian National Petroleum Corporation (NNPC) has said that it is ready to reinvigorate and increase the domestic consumption of Liquefied Petroleum Gas (LPG), which is also known as cooking gas across the length and breadth of Nigeria. It stated in a statement yesterday in Abuja of its willingness to encourage greater use of cooking gas against any other form of energy for cooking in homes across the country.

Thisday pg24

World/Regional News

Russia wants to start ‘a third world war’, says Ukraine PM
KIEV, (AFP) – Ukrainian Prime Minister Arseniy Yatsenyuk on Friday accused Russia of wanting to start “a third world war” over his country and called for international help against “Russian aggression”. “The aggressive efforts of the Russian military on Ukraine’s soil will lead to a conflict on European soil,” he said in a televised cabinet meeting. “The world hasn’t forgotten the Second World War and Russia wants to start a third world war,” he said.

Vanguard, from net

Diamond Bank Extends Alex Otti’s Tenure, Appoints Two Deputy MDs
The Board of Directors of Diamond Bank Plc has announced the extension of the tenure of its Group Managing Director and Chief Executive Officer, Mr. Alex Otti, for another three years with effect from March 2014. It also announced the appointment of Caroline Anyanwu and Uzoma Dozie, who are both executive directors at the bank, as deputy managing directors. This is the first time the bank will be appointing deputy managing directors since it was established about 23 years ago.

Thisday, front pg, cont on pg7

Leave a Reply

Your email address will not be published.