Author: Publisher

NDPHC: Uncertainty in power sector over sack of officials

ABUJA (Sundiata Post) – Fear has gripped investors in the power sector following the sack of the management of the Niger Delta Power Holding Company Ltd. (NDPHC) and the apparent delay in reconstituting it to enable the organisation play it’s pivotal role in the search for solution to the current energy crisis in Nigeria. The Federal Government had early in June dissolved the executive management of the NDPHC, sacked the managing director, Mr. James Abiodun Olotu and appointed Mr Chiedu Ugbo as acting managing director. Secretary to the Government of the Federation, Babachir Lawal, who issued the sack order, directed ... Read more

Manitoba: Melaye writes EFCC, demands investigation of N13.8bn fraud

ABUJA (Sundiata Post) – The chairman, Senate Committee on the Federal Capital Territory (FCT) and promoter of Anti-Corruption Network, Senator Dino Melaye, has asked the Economic and Financial Crimes Commission (EFCC) to commence investigation of Manitoba Hydro International Nigeria Limited, over alleged abuse of Public Procurement Act and diversion of funds amounting to N13.8 billion. While handing over the letter of petition to the Director of Public Affairs of EFCC, Mr. Osita Nwaja, at its headquarters on Friday in Abuja, Melaye stressed that it was the desire of the anti-corruption group to ensure ‎that economic and financial crimes were duly ... Read more

Report of me forming a new party is laughable – Atiku

ABUJA (Sundiata Post) – Former Vice President and chieftain of the ruling All Progressives Congress (APC), Alhaji Atiku Abubakar has denied a newspaper report (not Sundiata Post) alleging that he has formed a new political platform under which he would run for President in 2019, with Ondo State Governor Segun Mimiko as his running mate. In a statement signed by his media adviser, Mazi Paul Ibe on Sunday and sent to Sundiata Post, Atiku saif the report bears all the features of a political hatchet job planted by his opponents who have desperately tried to invent events in order to ... Read more

Let’s Talk Turkey Abo­ut Turkey

By­ Reuben Abati ­ ­ ­ ­ I was shocked by the ­trenchant reaction to­ my piece on the July­ 15 attempted coup in­ Turkey from at least­ two persons. The pie­ce titled “Nigerians ­and the Failed Coup i­n Turkey” (The Guardian, Sunday,­ July 17) had fetched a mail ­and direct messages f­rom a concerned Niger­ian who objected to m­y description of Turk­ish President Recep T­ayyip Erdogan as a ba­d guy- an intolerant,­ arrogant, temperamen­tal dictator who afte­r July 15 could becom­e even more authorita­rian. The fellow pra­ised Erdogan and spok­e glowingly about how­ well the Turkish eco­nomy has fared ... Read more

Aguiyi-Ironsi: The First Martyr for Nigerian Unity

By Aniebo Nwamu A moment before he was shot, on July 29, 1966, Nigeria’s first military head of state Major-General Johnson Thomas Umunnakwe Aguiyi-Ironsi reportedly told his assailants, “Shoot me and you shoot Nigeria.” The goons did not budge. They emptied magazines of Stein guns into his body and that of Col. Adekunle Fajuyi, military governor of Western Region. Aguiyi-Ironsi’s last words echoed in many Nigerian minds on Friday, half a century later. Truly, Nigeria has been a “mere geographical expression”; nobody seems to believe in the country or that it is worth dying for. The civil war that followed ... Read more

Malnutrition: Relief As UNICEF Resumes Humanitarian Aid In Northeast Despite Attack

ABUJA (Sundiata Post) –  There is relief in the aid community as the United Nations Children’s Fund (UNICEF) has modified its earlier announcement suspending humanitarian assistance in the northeast following Thursday’s attack on an aid convoy in Borno State. UNICEF estimates that 244,000 children will suffer from severe acute malnutrition this year in Borno State alone and if they are not reached with treatment, one in five of them will die. The United Nations agency said it has provided two million people with health services and treated 56,000 children for malnutrition in the three conflict-affected northeast states. In addition, 250,000 ... Read more

The bleaching, chamel­eon crowd

By Reuben Abati ­ ­ ­ ­ I wrote a piece recen­tly, a tribute to the­ late veteran actress­ Bukky Ajayi and the ­multi-instrumentalist­ OJB Jezreel, in whic­h I raised a number o­f issues, including h­ow in Nollywood today­, there is an obsessi­on with the whitening­ of skin, an anti-Neg­ritude yellowing, wha­t I referred to as “t­he bleaching, chamele­on crowd of Nollywood­ beauties.” The vario­us reactions to the p­iece conveniently ign­ored this subject; tw­o young ladies who fe­lt that I was probing­ an unpopular theme d­rew my attention to t­his. I was reminded t­hat being light-skinn­ed is now the in-thin­g, ... Read more

Rerun election: I’m ready to implement peace accord – Wike

PORT HARCOURT (Sundiata Post) – Rivers State Governor, Nyesom Wike has stated that the state government would sincerely implement the resolutions of the peace meeting brokered by the Police and the Department of State Services (DSS) for the peaceful conduct of rerun elections in the state. The governor declared that he willingly participated at the peace meeting convened by the Inspector-General of Police and the Director General of the Department of State because of his commitment to peace and the need to make sacrifices for the development of the state. Addressing PDP faithful at the Rivers West Senatorial District Rally ... Read more

​Abbey DLD woos Nigerian students for top UK varsities

LAGOS (Sundiata Post) – Nigerian parents who crave to give their children an unrivalled opportunity to gain entry into some of the best universities in the United Kingdom, including Cambridge, Oxford and Imperial College London, should send them first to Abbey DLD Group of Colleges to equip them with the required knowledge, according to pre-university schools’ officials. At a media briefing in Lagos, Charles Johnson, Director of Sales in Africa, and Muazu Jalaluddeen, Students Admissions Manager for Abbey DLD in Africa, highlighted the importance of high quality programmes – such as the ones offered by Abbey DLD Group of Colleges ... Read more

Attack on convoy: Malnutrition may worsen in north east as UN suspends humanitarian aid

By Max Amuchie ABUJA (Sundiata Post) -The malnutrition crisis in Nigeria’s northeast region may worsen following the suspension of humanitarian aid in the region by the United Nations. The suspension of further humanitarian assistance in Northeast Nigeria was announced on Thursday by Doune Porter, chief of communication, UNICEF, Abuja in a statement she sent to Sundiata Post. According to Porter, the development followed an attack on a humanitarian convoy in Borno State on Thursday. She said that unknown assailants attacked a humanitarian convoy that included UNICEF staff as well as staff of the United Nations Fund for Population Activities (UNFPA) ... Read more

Swiss Re acquires 25% stake In Leadway Assurance

LAGOS – Foreign investment into the Nigerian insurance industry has just received another boost as Swiss Re takes up about 25% shareholding in Leadway Assurance. Leadways Assurance is one of Nigeria’s most profitable insurance firms. While Leadway is not quoted on the Nigerian Stock Exchange, NSE the company’s fundamentals are strong when compared to its peers in life and non-life side of the business. The coming of Swiss Re as an equity participant in Leadway is the second biggest investment coming into the Nigerian insurance sector. Last year, AXA, one of Europe largest insurance group took up investments into Mansard. ... Read more

Lotus Capital receives $250,000 grant from EFInA

LAGOS – Lotus Capital, a provider of non-interest banking has received a grant of $250,000 from The Enhancing Financial Innovation & Access (EFInA). The grant will be used by Lotus Capital to market and provide funding for its Lotus Health is Wealth Savings Plan. According to Lotus Capital, the Lotus Health is Wealth Savings Plan LHIWSP is a dynamic non-interest, fixed income savings product that will also offer health insurance. The plan is structured around monthly collections of deposits from customers which will be invested in non-interest, low-risk instruments, and non-interest fixed term investments to give customers returns on their ... Read more

Bayelsa Election Tribunal Is Biased – Sylva, Vows To Appeal

ABUJA (Sundiata Post) – The All Progressives Congress (APC) and its candidate, Mr. Timipre Sylva, have vowed to appeal the judgment of the Bayelsa State Governorship Election Petition Tribunal. The tribunal had, on Tuesday in Abuja, upheld the election of Governor Seriake Dickson in the December 5, 2015 election. Sylva, who spoke through his lawyer, Felix Okorotie, immediately after the judgment described it as a miscarriage of justice In his reaction, media adviser to Sylva, Mr. Doifie‎ Buokoribo, accused the tribunal justices of bias as he expressed optimism that the judgment would be overturned by the higher courts. “This judgment ... Read more

We’re Not Involved In Turkey Coup Attempt – UBA‎

LAGOS – The United Bank for Africa (UBA) has denied any link with the recent coup attempt in Turkey. In a statement on issued on Tuesday by Head, Communications, Mr Charles Aigbe, the bank said: “UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey. In light of this we believe it is necessary to categorically state that UBA has no involvement in or connection to these accusations, which are clearly false.‎ “We remain focused and firmly committed to delivering on our strategy to build Africa’s premier banking institution.” The bank rejected ... Read more

CBN resumes forex sale to BDCs

ABUJA (Sundiata Post) – The Central Bank of Nigeria (CBN) has resumed the sale of foreign exchange to bureau de change, BDC operators through authorised dealers. In a circular by the CBN and available to Sundiata Post, the apex bank has now authorised all accredited banks to sell Forex to approved BDCs and dealers. “In the continued effort to ensure the stability of the exchange rate and to encourage participation of all critical stakeholders in the foreign exchange market, Authorised Dealers who are agents to approved International Money Transfers Operators are hereby directed to sell foreign currency accruing from inward ... Read more

Coca Cola Africa debuts services in Nigeria, South Africa, 9 other African countries

By Alex Chiejina LAGOS (Sundiata Post) – SABMiller Inc has partnered with Coca Cola and Gutsche Family Investment to set up Coca Cola Beverages Africa (CCBA), which will manufacture and sell 40 still and sparkling brands from more than 30 African bottling plants. The new company headquartered in South Africa will produce and distribute approximately 40 per cent of all Coca-Cola beverage volumes in Africa and is the 10th largest Coca-Cola bottler worldwide, initially serving 11 high-growth countries, which will increase to a total of 14 countries. Coca-Cola Beverages Africa CEO, Doug Jackson, said that the creation of CCBA will ... Read more

Diaspora Remittances, Key Contributor To Nigeria’s Economy – Adeosun

ABUJA (Sundiata Post) – The Minister of Finance, Mrs. Kemi Adeosun, has called on Nigerians in the Diaspora to see the current economic realities in the country as good opportunities for them to participate actively in the ongoing efforts to reposition the nation’s economy. The minister, who spoke at the 2016 Diaspora Conference in Abuja, on Monday, described the Diaspora as a key part of the Nigerian Community, which has a key role to play at this critical time. Stressing the need for a collective action, Adeosun said, “What Nigeria needs now is economic patriotism that will support this administration’s ... Read more

Nigeria’s Third Mahdi and the Last of the Amalekite Kings

By Femi Fani-Kayode Forgive me for my curious silence over the last few months but this was due to circumstances beyond my control. As you know I was locked up in President Buhari’s gulag and I was not allowed to write from there. Needless to say I missed all my readers. I have chosen to share my views about our nation today because I am aware of the fact that President Buhari has not finished with me yet and I may be picked up and thrown into detention on other trumped up charges very soon. This government will do and ... Read more

INEC has become problem of Nigeria’s democracy with inconclusive elections- Fayose

ADO-EKITI – Ekiti State Governor Ayodele Fayose has expressed worry over inability of the Independent National Electoral Commission (INEC) to conduct credible and conclusive elections since the advent of the President Muhammadu Buhari led All Progressives Congress (APC) government. The governor, who reacted to the alleged manipulation of the Imo North Senatorial election, which was declared inconclusive, said “democracy in Nigeria is being threatened by INEC and this should call for national and international reflection.” Special Assistant to the governor on Public Communications and New Media, Lere Olayinka quoted the governor as saying that, “If we have done more than 15 elections ... Read more

Nigeria achieves milestone of going 2 years without polio

Bringing Africa closer to polio-free certification in 2017 ABUJA (Sundiata Post) – Today, Nigeria marks two years without a case of polio. In a statement sent to Sundiata Post, the United Nations Children’s Fund (UNICEF) said: “This is an important milestone for the polio eradication initiative and a major step towards polio-free certification for the country in 2017. When Nigeria has achieved three years without a case of polio, it will be certified polio-free. UNICEF further said that President Muhammadu Buhari, who leads the country’s Presidential Task Force on Polio Eradication, marked the feat, noting: “This is a historic moment ... Read more

Abia Governorship Crisis: Legal Implication of Error In Ogah’s Certificate of Return

Uche Ogah, Certificate of Return, legal implication

Ovunda Nsirim burial: Shun anti-party politics – Wike tells politicians

PORT HARCOURT (Sundiata Post) – Rivers State Governor, Nyesom Wike has advised politicians to shun anti-party politics whenever they are not favoured by the collective decision of the organs of a political party. In a funeral oration at the burial of a former House of Representatives Member, Hon. Ovunda Nsirim in Rumueme, Obio/Akpor Local Government Area on Saturday, Governor Wike said that anti-party activities weaken the coherence of political parties. He praised the late Ovunda Nsirim for being a politician with a difference who believed in party supremacy and was never involved in anti-party activities even if decisions went against ... Read more

Usman: The NPA change challenge

By Aniebo Nwamu Judging by his appointments alone, President Buhari has hardly exuded the “change” slogan of his party, for most government agencies are still manned by members of the old brigade to which he himself belongs. When, therefore, he named a 40-year-old woman, Ms Hadiza Bala Usman, as the new managing director of the Nigerian Ports Authority (NPA), penultimate week, he deserved kudos at least from those clamouring for “generational change”. He was denied this accolade, I guess, by the noise over his lopsided appointments in favour of the north-east. While I cannot defend Buhari for selecting mainly people ... Read more

Lunacy and bloodbath in Turkey

By Owei Lakemfa The attempted coup against President Recep Tayyip Erdogan in Turkey on July 15, 2016 did not come as a surprise. The surprise expressed by some Western countries – who have first hand information about the state of affairs in that country – is hypocritical. They know that Erdogan is a fascist dictator who has turned Turkey into a police state where basic freedom is restricted or denied. They are aware that all institutions in that country including the judiciary and legislature exist to execute the dictates of one man who has wrecked institutions like the military and ... Read more

Those who burnt INEC office in Bori are afraid of elections – Wike

•Says no excuse to postpone July 30 rerun elections •Directs immediate reconstruction of the building PORT HARCOURT (Sundiata Post) – Rivers State Governor, Nyesom Wike has stated that those who burnt the Bori office of the Independent National Electoral Commission, INEC, are the same politicians who wrote to INEC seeking postponement of the rerun elections on the ground of security. Addressing journalists after inspecting the burnt section of INEC Khana Local Government Office in Bori, the governor said the arson should not serve as an excuse for the elections to the postponed. The governor regretted that politicians who are afraid ... Read more

When manufacturers emigrate

By Pius Mordi Usually, whenever the exchange rate of the currencies of some major economies inch a notch higher, there is panic among their policies makers. Japan and China are known to fret anytime their currencies pick up against the dollar. When they press the panic button, it is to protect their exports and make them remain competitive in the international market. A drop in the strength of their national currencies is good news to them. In fact, they take extraordinary measures to keep their currencies weak, a situation that has always triggered angry accusations from the United States of ... Read more

Varsities Autonomy: Group Reports Education Minister to Buhari

ABUJA (Sundiata Post) – A civil society group, Education Awareness Support Organisation, has accused the Minister of Education, Mallam Adamu Adamu of systematically destroying the foundation of tertiary education in the country. Specifically, members of the group who are stakeholders in the country’s education sector accused the minister of arbitrarily tinkering with the set rules governing tertiary institutions in the country. Consequently, the group has sent a letter of complaint to President Muhammadu Buhari, enjoining him to call the minister to order. The petitioners, in the letter dated 19 July, 2016, specifically faulted the action of the Minister of Education ... Read more

Energy risk, FX pressure hit Lafarge Africa

LAGOS (Sundiata Post) – WAPCO reported loss after tax of N30.2 billion in H1’16 following another disappointing quarter. In line with the profit warning earlier released by management, Q2 performance of Nigeria operations was depressed by unrealized foreign exchange losses of N28 billion (on dollar denominated loans) amidst the 42% currency devaluation in June. Following the slump in Q1 topline in Nigeria operations, it is anticipated that the 8% price increase effected in the final week of Q1, coupled as return to normalcy in South West and South East operations (following plant maintenance in Q1 and recovery from Q4 flood) ... Read more

​Zenith Bank, Public Companies Lead Efforts To Connect Africans To Internet 

LAGOS – As far back as 2012 a survey of more than 10,000 Internet users in over 20 countries conducted by the Internet Society found that 83% of respondents agreed with the statement that “access to the Internet should be considered a basic human right,” so essential has the internet become to our everyday life. Their findings also suggested that access to the Internet should not be unreasonably restricted and that governments have a responsibility to ensure that Internet access is widely-available. Of course, in developing countries particularly within Africa, there is little hope of people enjoying Government-provided internet access ... Read more

Wike is responsible for burning of Khana INEC office in Bori – Rivers APC

PORT HARCOURT (Sundiata Post) – The Rivers State chapter of the All Progressives Congress (APC) has urged the nation’s security agencies to hold Governor Nyesom Wike responsible for the arson visited on the Independent National Electoral Commission (INEC) office at Bori on Friday, which resulted in the burning down of the election umpire’s office in by hoodlums. The APC made the charge in a statement by the State Chairman, Chief Davies Ibiamu Ikanya and made available to Sundiata Post on Friday in Port Harcourt. “This is exactly what we have been saying; just yesterday Nyesom Wike was publicly threatening INEC, ... Read more

Wike’s Recklessness Will No Longer Be Tolerated By Rivers People – Peterside

ABUJA (Sundiata Post) – The All Progressive Congress (APC) governorship candidate in the 2015 election and the Director-General of NIMASA, Dr. Dakuku Peterside, has described Governor Nyesom Wike’s strategy of intimidation and blackmail as crude, uncultured and unbecoming of a person occupying the high office of governor. Peterside said that this is not only unacceptable to Rivers people, but the good people of Nigeria. He described such acts as irresponsible. In a statement he sent to Sundiata Post in reaction against the backdrop of Governor Wike’s outburst against the Nigerian Police Force, said that it is unbecoming of the governor ... Read more

Reps Member Condemns Existence of Fake Yellow Cards

LAGOS (Sundiata Post) – The lawmaker representing Lagos Mainland Federal Constituency ‎in the House of Representatives, Hon. Adulraheem Olajide Jimoh has called for the production of the new International Certificate of Vaccination (Yellow Card), insisting that fake yellow cards were still being issued to unsuspecting Nigerians by those he called unscrupulous elements around the nation’s airports. In a statement sent to Sundiata Post on Friday, Jimoh explained why he moved a motion on the issue on the floor of the House, saying that, “when you want to travel out of the country, they would request for yellow cards, but unfortunately, ... Read more

All protocol(s) observed

By Reuben Abati Nigerians love events and ceremonies. The engine of governance in fact runs on this special fuel, which in many ways has become an occasional excuse for waste and idleness. I have in the course of work attended and compered many of such events; one thing that I find curious is the obsession with acknowledgements. If you are the compere at any typical Nigerian event, the organisers are bound to give you what they call a protocol list, usually a long list of persons whose presence must be acknowledged. You are also expected to recognize persons, especially if ... Read more

Wike must stop threatening everyone – APC‎

PORT HARCOURT (Sundiata Post) – The Rivers State chapter of the All Progressives Congress (APC), has reacted to what it described as the “wild and unconscionable” ‎assertions of Governor Nyesom Wike at Okehi on Thursday, adding that it must be the classical case of “an evil workman quarrelling with his tools, his neighbours and passers-by.” “Let it be on record that neither Chief [Dr] Davies Ibiamu Ikanya JP nor the Rivers State South-East Senatorial Candidate of the APC, Senator Magnus Ngei Abe, separately or as a group, met with the Chairman of INEC or any INEC personnel at the Commission’s ... Read more

Workers welfare will always priority — Wike

PORT HARCOURT (Sundiata Post) – In a bid to enhance the efficiency and productivity of civil servants, Rivers State Governor, Nyesom Wike has stated that he will continue to prioritise workers’ welfare. In an address to the 5th Triennial Delegates Conference of the Trade Union Congress of Nigeria (TUC), Rivers State Council in Port Harcourt on Thursday, the governor assured the state civil servants that he would always pay their salaries promptly. Wike noted that despite the dwindling funds from different sources, Rivers State Government remains one of the states of the country that has paid monthly salaries up to ... Read more

You’re A Joker! Our Logistics Team Intact, Niger Delta Avengers Reply Navy On Arrest

ASABA – Niger Delta Avengers (NDA) on Thursday described as “biggest joke of the 21st Century”, the claim by the Nigerian Navy that it has arrested its logistics supplier. In a statement by self-styled Brig. Gen. Mudoch, its spokesman, the group sent a strong warning to members of NUPENG, PENGASSAN and foreigners working in International Oil Companies (IOCs) in the Niger Delta region to leave without further delay in their own interest. The militants have again vowed to strike soon just as they have denied claims by the Nigerian Navy that it arrested the group’s logistics supplier, saying its operatives ... Read more

EFCC Raises the Alarm on ATM Theft, Says N3m Stolen In 24 Hours

ABUJA (Sundiata Post) – The Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) is on the trail of a suspected ATM fraudster, who goes by the name Akinade Tofunmi. The Head, Media and Publicity of the Commission, Mr. Wilson Uwujaren, in a statement issued in Abuja on Tuesday, said that suspect was currently on the prowl, targeting possible victims in ATM Points and Point of Sales (POS) machines across the country. Uwujaren said that in her last operation, Tofunmi who operates with the identity of her victims raked in about N3 million within 24 hours. According to ... Read more

N30bn Budgetary Allocation to Navy Inadequate – Senate Committee

•No funding for capital projects yet – Ibas •Laments inadequate platforms, equipment The Senate Committee on Navy has described as inadequate the approximate sum of N30 billion budgetary allocation for the Nigerian Navy capital and overheard expenditure in 2016. This is coming as the Chief of Naval Staff (CNS), Vice Admiral Ibok-ete Ibas, disclosed that the Navy was yet to receive any funding for capital expenditure this year. The committee chairman, Senator Isah Hamma Misau, made this remark on Tuesday during his working visit to the Naval Headquarters, Abuja. Misau said that the Service was grossly underfunded with the allocation ... Read more