Naija News Thursday, May 8, 2014

National News

Police offer N50 million for information on abducted girls
• Northern CAN alleges conspiracy, gives posers to Borno gov
• Gunmen on motorcycles kill three civilians, two policemen in Kaduna
AS the nation intensifies efforts to rescue the over 200 Chibok schoolgirls abducted about three weeks ago by terrorist group, Boko Haram, the Nigerian Police Force has staked a N50 million reward for anyone with credible and accurate information towards their freedom. According to a statement Wednesday from the Force Public Relations Officer (FPRO), Mr. Frank Mba, the circumstances require the cooperation of all citizens to salvage the situation and “any information given would be treated anonymously and with utmost confidentiality.” To that end, he urged any citizen with useful information not to be afraid to give it to the police through any of the following telephone numbers: 09 291 4649, 0808 177 7309, 0805 554 7536, 0803 212 5050, 0803 461 7591 and 0803 596 9731. On its part, the Christian Association of Nigeria (CAN) Northern chapter, has warned Borno State Governor Kashim Shettima and his administration to urgently “stop playing politics with the lives of the children of other people and produce without delay the 238 missing students of Government Girls Secondary School, Chibok” alleging that the Maiduguri government knows their whereabouts. CAN demanded an explanation from Alhaji Shettima, Commissioner for Education, Principal and Chief Security Officer of the school on what they did and did not do that “led to the ferrying away of innocent children who went to sit for an examination for the betterment of their tomorrow.”

The Guardian, front pg cont on pg2

American security experts may hit Abuja today
Strong indications emerged on Wednesday that security experts from the United States of America may arrive in Abuja, today (Thursday) to help in the rescue of the over 200 schoolgirls abducted by Boko Haram in Borno State. Impeccable sources at the Nnamdi Azikiwe International Airport told one of our correspondents that the flight document indicating that the security team would be in Nigeria today had been tendered to the NAIA authorities. The source, who noted that the government had stepped up its fight against terrorists, stated that delegates for the World Economic Forum had been guarded around the airport by both local and foreign security officials who were mostly in mufti. Asked if he was sure that the security experts from the US would arrive Nigeria today, our source said, “Yes, I will call you once they land at the airport. The fight against terror in Nigeria is gathering momentum and the information I have is that the security experts are likely to come with an American flight. As of today (Wednesday), they (security experts) have not arrived, those that we saw are delegates and officers of the WEF.”
The Punch, pg18

We ‘ll not accept govt of insurgency, blackmail— Southern peoples assembly
• To meet with Northern leaders
ABUJA—STATESMEN, prominent leaders of the three geo-political zones of the Southern part of the country, under the aegis of Southern Nigeria Peoples Assembly, SNPA, rose from a meeting yesterday, with a strong condemnation of insurgency in some parts of the country, warning that it would not be ruled by a government that would be a product of insurgency or blackmail against President Goodluck Jonathan. According to the group, no amount of intimidation by the insurgents and their sponsors would force President Jonathan to abdicate the powers given to him or refuse to seek re-election. The leaders, who called on President Jonathan to urgently close the borders with neighbouring states, warned: “Let it be known that the people of Southern Nigeria shall not allow themselves to be ruled by any government that is a product of insurgency or blackmail if the sponsors of insurgency in this country think they can brow-beat and pummel the government of President Goodluck Jonathan to abdicate the authority and mandate freely given to him by Nigerians to rule this country.” The meeting, which took place Tuesday night in Abuja, had former Vice President Alex Ekwueme, former Federal Commissioner for Information and South South leader, Chief Edwin Clark, and Retired Bishop of the Anglican Communion, Akure Diocese, Bishop Bolanle Gbonigi, as co- leaders.

Vanguard, pg9

China to assist Nigeria
Nigeria has accepted China’s offer to deploy security personnel and assets to help Nigerian troops in the search and rescue operation for the girls. Speaking at a joint news conference after bilateral talks with the Premier of the State Council of China, Li Keqiang at the Presidential Villa, Abuja, President Jonathan said that the two countries also agreed to deepen cooperation on fighting piracy and organised crimes. He said: “The Premier promised that China will assist Nigeria in our fight against terror, especially our commitment and efforts to rescue the girls that were taken away from a secondary school in Chibok, Borno State.” “We agreed to deepen cooperation in the field of defence and security and strengthen cooperation in counter terrorism, anti-piracy and combating organised crimes. “The Premier expressed firm support to efforts at safeguarding our sovereignty and secure our territorial integrity as well as promoting economic development,” Jonathan said. He went on: “We examined issues of common interest to our countries. We reviewed, in particular, our economic, trade, political and cultural relations.

The Nation, pg4, cont on pg69

Canada to invest $5b on solar power in Delta
•State to get 1,000mw
Delta State has taken the lead in the generation of renewable energy as Canada invests $5 billion in Nigeria to produce 3,000 megawatts of electricity. The initiative of the state government to key into the green economy programme of the global community paid off as the Federal Government Tuesday evening, signed the Foreign Investments Protection Agreement (FIPA) with Canada to remove existing bottlenecks to smoothen the take-off of Canadian investments in Nigeria. Similarly, Delta State Government signed a memorandum of understanding (MoU) with a Canadian investor, Skypower Energy, to build and generate solar-powered electricity in the state. Speaking at the ceremony, Minister of Industry, Trade and Investments, Olusegun Aganga, said the Canadian investor was investing $5b in renewable energy in the country. According to him, the firm would be producing 3,000 megawatts of solar-based electricity for the national grid with the facility being deployed first in Delta State having taken the initiative for the renewable energy plant.

Daily Independent, front pg, cont on pg2

MTN expects Naira to be devalued after Nigeria 2015 election
MTN Group Ltd. (MTN), Africa’s largest phone operator, said Nigeria’s currency will probably be devalued after next year’s election and the move will boost the company’s import costs in its biggest market, Business Day South Africa reports. Declining oil exports and prices mean that the central bank of Africa’s biggest crude producer will face difficulties in keeping the naira stable against the dollar before the Feb. 14 (2015) vote, Andrew Bing, chief financial officer of MTN’s Nigerian unit, said in a May 5 interview in Lagos, the commercial capital. The official peg may have to be lowered by three or four percent, he said. Nigeria’s foreign-exchange reserves declined 13 percent this year to $38.1 billion by May 2 as the central bank sold dollars to prop up the naira and as oil production missed estimates. Godwin Emefiele, who becomes the institution’s governor in June, told the Senate in March that a devaluation of the naira is “not an option” and would be “devastating” for the economy.

BusinessDay, front pg, cont on pg41

Business News

N25bn required to remove abandoned shipwrecks — LASG –
LAGOS State Government has said that it requires about N25billion to effectively remove over 200 abandoned ship wrecks and vessels along the state coastline and waterways Commissioner for Waterfront Infrastructure Development, Prince Adesegun Oniru disclosed this at the ministerial press briefing on activities of his ministry in the last one year, as well as marking the seventh anniversary in office of Governor Babatunde Fashola’s administration.

Vanguard, pg26

World Bank approves $1.19bn guarantee for power sector
The World Bank Group has approved partial risk guarantees to help power sector operators in the country to borrow up to $1.19bn to execute various projects. A statement released in Washington on Wednesday said the Board of Executive Directors of the three arms of the World Bank approved the package of loans and guarantees supporting a series of energy projects that would boost independent power generation and ease crippling energy shortages in Nigeria.

The Punch, pg26

World/Regional News

EFCC traces N200m to Prisons accountant
Suspect remits N60m to Abuja church .3 exotic cars seized
The Economic and Financial Crimes Commission, EFCC, has arrested the head of Capital Accounts at the Nigerian Prisons Service, NPS, Abuja, for alleged corruption, money laundering and abuse of public office. Imaobong Akon Esu-Nte, a level 14 officer, who is on secondment to the NPS from the Federal Ministry of Finance, was picked up by the operatives of the EFCC, Tuesday, and grilled for several hours over the huge amount of money found in companies’ accounts all traced to her.

Vanguard, pg14

Jonathan leads a corrupt government, says New York Times
The United States- based New York Times has said that President Goodluck Jonathan is leading a corrupt government. It added that the government had little credibility. The newspaper, in its editorial published on its website on May 6, condemned Jonathan’s “inept and slow” attitude towards locating and rescuing the schoolgirls abducted from Government Secondary School, Chibok, Borno State, on April 14.

The Punch, pg8

Leave a Reply

Your email address will not be published.