The Nigerian currency, naira, has been in a free fall, picking yesterday at 0.34 per cent within the last three-month with N163.45 to a dollar. This is despite the Central Bank of Nigeria’s (CBN’s) intervening for a second day to halt its slide. Data from Reuters showed that the nation’s currency fell as low as N163.70 to a dollar as a result of strong demand for the greenback during intra-day trade before the central bank’s action helped it to recover to N163.45, a level last seen on June 16. The naira closed at N162.90 on Tuesday. On the other hand, it was discovered that the CBN offered a total of $350 million at its regulated Retail Dutch Auction System (RDAS) on Monday, but sold $349.8 million to forex dealers. The naira was however stable at N155.75 to a dollar at the RDAS and 22 banks participated in the auction. The consumer price index (CPI) which measures inflation rose for the sixth consecutive month to 8.5 per cent in August. Meanwhile, there was an increase in the average US dollar offered and sold by the CBN through the RDAS in August, compared to July. The increase in the amount sold by the CBN was due to the need to achieve stability in the value of the naira, from the increased demand in the market. The amount offered by the CBN in August stood at $2.85 billion, up by 5.56 per cent from $2.70 billion offered in July. The amount sold in August was $2.82 billion, an increase of 11.62 per cent from the $2.53 billion sold in July. The value of the naira remained stable at N155.73/$1 at the official market since mid-April 2014. Nonetheless, the average exchange rate in the interbank market appreciated marginally by 0.30 per cent to N162.03 to a dollar in August, from N162.51 to a dollar in July. In the parallel market, the average exchange rate depreciated by 1.54 per cent to N169.29 to a dollar in August, from N166.72 to a dollar in July. Experts have argued that the naira faces risk in the medium-to-long term from the possibility of a sustained downward trend in the price of crude oil of below $100 per barrel in the international market even in the face of the crisis in the Middle East (Iraq and Syria). [myad]
Akwa United of Uyo defeated former league champion, Enyimba international, during a week 26 league match at the Uyo township stadium yesterday. The only goal of the match came at the 46th minute when Kufre Ebong scored with an assist from Ezekiel Bassey, to end Enyimba Internationals run of five matches without defeat.
Akwa United has so far kept 10 clean sheet in their last 12 league home matches.
The Head Coach of Akwa Utd, Patrick Udoh, told journalists after the match that they worked hard for the victory.
“I feel excited. It was a hard-earned victory. We worked hard for it. (Ezekiel) Bassey is always like that. I developed him and gave him confidence to play,” he said.
Enyimba International head coach, Kadiri Ikhana, however blamed his boys for not playing as a team whilst concentrating on defence.
“We played out of our plans. I’ll say we dashed out this game and I’m not happy at all. We refused to play as a team in the first half, rather we concentrated on defending and used up our energy too much,” he said.
In other matches, Crown FC walloped Nasarawa united in Ibadan with a 3-0 scoreline; El-Kanemi held Lobi stars to a draw at home, while FC Taraba for the first time since week seventh of the 2013/2014 season could not win their home match as the league defending champion Kano.
The Jigawa state governor, Sule Lamido, who was touted as a challenger to President Goodluck Jonathan in the 2015 Presidential contest under the platform of the ruling Peoples Democratic Party (PDP) has chickened out, leaving the coast clear for the President to be the sole candidate of the party. This was even as the party’s Board of Trustees, last night sealed the deal by endorsing the President as the party’s sole candidate after the governors under the party, including governor Lamido, had earlier done the same thing. Briefing newsmen shortly after the meeting of the party’s BoT at the Banquet Hall of the presidential villa, Abuja, which started at about 8:16pm and ended at about 11:20pm on September 17, former Nigeria’s Information Minister, Prof Jerry Gana said that governor Godswill Akpabio of Akwa Ibom state confirmed that Lamido “phoned him during the meeting and directed the deputy governor of Jigawa who attended the meeting to sign the document. “In other words, he (governor Lamido) authorized the deputy governor to sign on his behalf, and therefore the answer to your question is that he too endorsed that decision. “We asked the same question and that is the answer we got,” Gana added. Professor Gana was responding to a question as to whether the decision of the governors was in line with the aspiration of some of their colleagues like governor Lamido who was reported to be aspiring for the position of the president. Professor Gana who spoke to journalists alongside the Senate Deputy President, Ike Ekweremadu and PDP BoT Secretary, Walid Jibril that the BoT’s endorsement of the president as PDP’s sole candidate for the 2015 presidential race was unanimously done by BoT members with a standing ovation after chairman of the PDP governor’s forum and Akwa Ibom State Governor, Godswill Akpabio briefed them that PDP governors have unanimously endorsed Jonathan as the party’s sole candidate for 2015. He said the PDP governors agreed that non of them will present themselves for the position of president in the PDP primaries, which means no PDP governor would be interested to contest the office of president with Jonathan. “Hence, BoT was so informed today about this and that decision by the governors was fully endorsed in a motion by the BoT on its own. Having received that news, the BoT also unanimously resolved that because of the excellent work which Mr. President has done, because of the mature way he has been leading Nigeria, because of the humble and dedicated and pathetic way he has been handling very sensitive issues, the Board of Trustees is delighted, the Board of Trustees is convinced, the Board of Trustees is overwhelmed by the fact that we have a very impressive candidate. “And therefore, the BoT also unanimously resolved that president Goodluck Ebele Jonathan be the sole candidate of the party in the forth coming election. That was unanimously resolved with a standing ovation and the BoT is very excited. I will like to take this opportunity to also say the BoT thanked the governors for their wisdom, for their maturity, for their love of the party and I want to emphasize, we asked the governors and they said all the PDP governors signed the document which is going to be presented to the president in another session.” On whether internal democracy has not been compromised, deputy Senate President, Ekweremadu said, “The name of our party is the Peoples Democratic Party. So, Democracy is part of us and we are very concious of the need to have internal democracy in our party. But you must remember that concensus building is also part of democracy. For us in the PDP, we believe that the BoT is the conscience of the party.
“So, if the BoT has agreed to endorse Mr. President as the candidate of the party, what we are simply saying is that we are persuading every member of the party to accept that position. So, we are not going to force any person, but we are making a strong statement, we are persuading our people strongly to accept this position for the reasons earlier mentioned. It is also important for us to know that we need to reward hard work, we need to reward commitment, we need to reward achievement, we need to reward performance.
“We are borrowing from other democracy, including the United States of America where a sitting president who have done so well is expected to be rewarded by his party wit a ticket. So, we are building a tradition which we hope that those who will come after us will be able to imbibe. This is also within the tenet of democracy, not only in Nigeria but in other parts of the world.” The BoT also approved the party’s timetable and guidelines for the primaries and national convention for the 2015 polls. The document is expected to be presented to the party’s National Executive Council (NEC) at its meeting for final endorsement today (Thursday). [myad]
A Lagos constitutional lawyer, Femi Falana (SAN) has described the practice where the leaders of Churches would build universities with the contributions from Church members but are prized out of reach of such members as sinful, illegal and unjust. The lawyer encouraged Christians to form the habit of challenging pastors who divert contributions and funds from their congregations to build universities which the children of the same congregation cannot attend. The practice is “a sin, illegal and unjust,” Falana said, adding: “If you set up a school and the poor people, who contributed those funds, cannot attend those institutions because you set up those schools for the children of the rich, you are bound to be made to account.” The lawyer spoke today as part of his keynote address at the Coalition Against Corrupt Leaders annual general convention held in Oregun, Lagos. The convention had its theme as: “Institutionalizing Probity & Accountability in Governance: Perspectives and Methodologies.” Falana went on: “Some Nigerian pastors are under investigation because they had registered as charities and, a charitable organization cannot siphon funds to do business. This is why some respected pastors cannot travel to the UK today because they have been indicted.” He warned that those who are using church funds to establish universities will soon render accounts.
At last, the Peoples Democratic Party (PDP) Presidential candidate is expected to emerge on December 6 when the party will hold its much-awaited Presidential primary. The part also fixed October 29 for the Governorship primaries across the country. These facts were made available to newsmen today in Abuja, by the PDP National Publicity Secretary, Barrister Olisa Metuh. He said that the primaries for the National Assembly would hold on November 22. According to Metuh the dates are being proposed by the party’s National Working Committee (NWC) and that they are subject to the approval of the party’s National Executive Committee (NEC) which is scheduled to meet tomorrow, Sept. 18. “We expect all public servants, government appointees and elected party officials who are interested in contesting any position to resign their appointments seven days before the commencement of the ward congress election.”
The nation’s minister of Health, Professor Onyebuchi Chukwu had a cheering news today, declaring that Ebola Disease has siezed to exist in any part of the country in the last one week, even as the information minister deplored the wrong signal the leadership of the Nigeria Union of Teachers (NUT) has sent out on the disease. Addressing newsmen today shortly after the weekly Federal Executive Council (FEC) at the Presidential Villa in Abuja, Professor Chukwu said that there has been no fresh case of Ebola, even as the number of those on observation has reduced. He said that as at today, there were only 366 people under surveillance in just two states – 4 in Lagos state and the rest in Rivers state. The minister said that so far, 517 people that have been on observation have been discharged from surveillance centres and are back to their families. Meanwhile, the information minister, Labaran Maku has expressed the federal government’s displeasure over the stand of the NUT leadership on the issue of resumption of public school on September 22. He said that the NUT rejection of the resumption date on account that Ebola disease has not been cleared is in bad taste, adding that it is sending wrong signal to the outsiders that Nigeria is still laden with the disease. The NUT leadership’s attempt to create an industrial dispute over nothing “is senseless” and asked the teachers to resume work on September 22 as the schools would be opened for lessons.
The timely intervention of police saved one Adamu Gaya, from the Nigeria’s neigbouring Niger Republic from being lynched today by irate youths in Kamba, Kebbi state. Report from the police said that a group of villagers in Kamba, Kebbi State, were just about to lynch Adamu Gaya, on suspicion of involvement in an alleged ritual murder of a young girl when he was rescued. “The Police rescued and brought him into protective custody. “However, irate villagers attacked the Police station and destroyed the communication base. They also burnt two (2) Police vehicles, and nine (9) motorcycles. Also smashed were the windscreens of four (4) cars parked at the premises. The mob also burnt the official residence of the Divisional Police Officer. “In the attack, four (4) persons lost their lives. Eighty-nine (89) persons have been arrested for the violence.” Meanwhile, the Acting Inspector-General of Police, Suleiman Abba has called on citizens not to take laws into their hands but that they should assist law enforcement officers in maintenance of law and order in the society.
The Force Public Relations Officer of the Nigeria Police, Acting Commissioner of Police Emmanuel Ojukwu, has given a blow-by-blow accout of how yet-to-be identified gunmen bombed the Federal College of Education, in the Kano city today, leading to the death of no fewer than 17 people and many others injured. In a statement today, Ojukwu said: “Today 17/9/2014 at about 1530hrs, two armed men detonated Improvised Explosive devices at the lecture Hall of Federal College of Education, Zaria Road, Kano. “Thereafter, they began sporadic shooting outside the premises. Police team from a nearby Tactical Operations Point responded and shot dead the two (2) insurgents. Their AK 47 rifles were recovered. “On examination of the scene of the explosion, fifteen (15) dead bodies were recovered, while thirty-four (34) injured were taken to hospital for treatment. “The Police has sealed the scene of crime and commenced investigation.”
President Goodluck Jonathan has sympathized with the victims of today bomb blast attack at the Federal College of Education in Kano, especially the families of those who died in the attack. In a statement today, by his special adviser on media and publicity, Dr. Reuben Abati, the President Jonathan wished those who suffered injuries in what he called ‘the dastadly attack’ speedy recovery. The President commended the officers and men of the Nigerian Police Force who took prompt action to confront the attackers and minimize resultant casualties. He urged them to be even more alert and proactive in the future to stop terrorist attacks in Kano and other parts of the country. President Jonathan reassured the people of Kano and all Nigerians that the Federal Government would continue to do all within its powers to further enhance the ability of the Police, Armed Forces and other security agencies to prosecute the war against terrorism to a successful conclusion and provide greater security of lives and property across the country.
Former Vice President Atiku Abubakar has appealed to Catholic Bishops Conference of Nigeria to pray to God to deliver Nigeria from the shackles of the present spiritual, social and economic predicaments.
He also appealed to them to pray for peaceful elections in 2015 and the emergence of a God-fearing administration that will make Nigeria spiritually, morally and socially sanctified. In a goodwill message to the Catholic Bishops Conference of Nigeria, Atiku, who is also the Turaki Adamawa, drew their attention to the fact that Nigeria needs to overcome the many challenges which currently threaten security, freedom of religion and citizenship in many parts of the country.
The Bishops are holding their 2014 second plenary meeting of the Catholic Bishops Conference of Nigeria in Warri, Delta State.
“God has given you a unique responsibility as spiritual leaders, and I urge you to guide our people on how to wisely discharge their civic rights to free Nigeria from the shackles of her present spiritual, social and economic predicaments,” Atiku said.
Atiku Abubakar, who had attended the Bishops Conference previously as a sitting Vice President stated, “I wish, I could be with you personally in Warri during this your second plenary; but my previously fixed engagements outside the country makes this very difficult.
“However, I shall be grateful if I could be given the opportunity of meeting your conference or its representation at a not too distant date, to enable me discuss with you my plans on how to move our country forward.” [myad]
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