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 •Says loss of Ekiti will make party stronger
 
The All Progressives Congress (APC), Rivers State Chapter, has dismissed as a fluke, last Saturday’s dislodgement of the party by the Peoples Democratic Party (PDP) during the governorship election in Ekiti State.
 
“This development, which was unexpected, does not portend anything any danger for the APC in 2015, especially in Rivers State. The Ekiti election has come and gone and we have learnt our lessons which will ensure better outings in other elections. That election will go a long way to unite and strengthen us the more to present a better APC to Nigerians for the battle to rescue and reposition Nigeria gets hot,” Rivers APC Chairman, Dr. Davies Ibiamu Ikanya, said.
 
Dr. Ikanya, who was responding to enquiries on the fate of APC in view of what happened in Ekiti, emphatically declared in a statement he issued today in Port Harcourt: “It is erroneous to think that what happened in Ekiti affects or will affect Rivers State politics come 2015. The factors that led us losing Ekiti are well known but totally different from the reality in Rivers State. No matter the challenges or odds, Rivers remains an APC State. I am supremely confident that the good people of Rivers State will renew their covenant with APC with a landslide in 2015.”
 
The Rivers APC Chairman gave an idea of how the party would run the 2015 elections and obliterate PDP in the state. “One thing going for us in River State is that we have a President Goodluck Jonathan of the PDP whose hatred for our state and her people is legendary not minding that he is from our sister state Bayelsa and our in-law and we gave him the highest number of votes that made him the President. Our campaign strategy will be centered on this hatred, which has manifested in the hounding of Governor Chibuike Amaechi, the ceding of our oil wells to Bayelsa and Abia states and refusal to direct Akwa Ibom to pay us the proceeds of our oil wells she kept for many years. Mr. President has also refused to site any meaningful project in Rivers State, so how can we support him or any PDP candidate in 2015?
 
“In any case, the feats of the Amaechi administration are enough to give us victory in future elections. These feats, which are well known, include making Port Harcourt the World Book Capital City, eradication of militancy, dogged fight for the oil wells and other rights of Rivers State and her people, as well as award-winning achievements in Education, Agriculture, Health, etc.”
 
Dr. Ikanya said that, in addition to all these, “we will ask the good people of Rivers State to make their choice of the characters and vision of those in PDP (insecurity, ungodly, etc) and the vision and characters in APC (godliness, security and concern for the future of our state). These are the issues for Rivers State to use to decide which of the parties governs River State come 2015.”

He concluded by advising APC faithful in the state not to panic or fear about the future of the party, as “Rivers people have since adopted APC as the party of their choice and there is nothing the doomed PDP or any other party can do about that.”

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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The MOSOP Kingdom Coordinators Forum met today and deliberated on
critical issues affecting the Ogoni especially the implementation of
the UNEP report which was released nearly three years ago.

As we may all know, recent calls for the implementation of the UNEP
report had been devoid of objectivity with some individuals condemning
the report and at the same time calling for it's implementation.

Like the "#BringBackOurGirls" demonstrations, the UNEP report has
become another source of blind criticism against the federal
government without an objective look at critical inhibitions against
the report's implementation.

The MOSOP Kingdom Coordinators Forum resolved as follows after very
careful and objective reflection of the situation:

1. The MOSOP Kingdom Coordinators Forum expressed concern about a
possible diversion of Ogoni clean-up funds into political party
activities in Rivers State especially the All Progressive Congress.
Our fear is precipitated on the fact that the leadership of the
HydroCarbon Pollution and Restoration Project(HYPREP), the federal
government agency overseeing the implementation of the Ogoni cleanup
report is a well known ally of the Rivers State governor. The HYPREP
Boss has been linked to a failed road project linking the Ogoni
community of Biara to the Mile 30 axis of the Saakpenwa-Bori road.
This puts the credibity of the HYPREP leadership to question. We are
concerned about the possibility that she could be blackmailed into
compromising because of obvious deficiencies and to avoid a possible
government probe.

2. We maintain that Governor Amaechi who is presently implementing a
genocidal programme against the Ogoni people with the denial of land
used for subsistence farming by over 30,000 Ogoni community dwellers
does not have the moral right to speak for the Ogoni. Let Governor
Amaechi see to the completion of his abandoned road projects in Gokana
and all over Ogoni, let him implement the water projects he promised
the four Ogoni local government areas, let him resume the supply of
potable water he promised Ogoni in 2011 after the release of the UNEP
report, let Amaechi address the issues of sponsored community
conflicts in Ogoni and let Amaechi forget about the possibility of the
use of Ogoni cleanup funds for the 2015 elections.

3. We are convinced that HYPREP as presently constituted does not have
the required credibility to oversee the implementation of the Ogoni
cleanup report.

4. The MOSOP Coordinators Forum calls on the Nigerian government to
halt all processes regarding the Ogoni UNEP report implementation
until the 2015 elections are concluded. This we believe is to
safeguard a possible abuse of the cleanup funds.

We urge all Ogonis to disregard any insidious means which could be
deployed to force them out for any demonstration calling for the
implementation of the UNEP report.

Signed:
Frank Jonah
Chairman, MOSOP Kingdom Coordinators Forum
Bori, Ogoniland.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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 Nigeria maintained its position as one of the top three destinations for Foreign Direct Investment in Africa, despite current challenges, the United Nations Conference on Trade and Development (UNCTAD) has said.

UNCTAD said this just as the United Nations Industrial Development Organisation (UNIDO) gave its nod, in Vienna, yesterday, for the establishment of an Investment and Technology Promotion Office (ITPO) in Nigeria.

According to the latest UNCTAD report,  FDI inflows into Africa rose by four per cent to $57 billion with Nigeria’s inflow standing at N5.6 billion in 2013.
The report said only seven countries in Africa went above the $3 billion FDI inflow point. They are Nigeria, South Africa, Mozambique, Egypt, Morocco, Ghana and Sudan.

The Commissioner for Industry and Private Sector Promotion, ECOWAS, Mr. Kalilou Traore, who spoke during the UNIDO forum on strategies and instruments for inclusive and sustainable industrial development, said the recently launched Nigeria Industrial Revolution Plan was a model for Africa, noting that foreign investments would always thrive in the right environment.

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who also acknowledged the massive investment by Nigerian companies in the country despite the current challenges, noted that the ITPO would help to promote Nigeria’s local and foreign direct investment and technology, in addition to boosting job creation, technology transfer and industrial development.

The minister said, “There are only a few countries in the world where UNIDO has set up ITPO to promote investment into the area of technology. The establishment of the ITPO in Nigeria will not only have a big positive impact on the Nigerian economy, it will also help in the innovation of the industrial sector.

“UNIDO has bought into the NIRP and adopted Nigeria as one of the two countries in Africa that they want to work with for the realisation of Nigeria and indeed Africa’s industrialisation goals. This is the first time that UNIDO will be doing this under the leadership of the new director general.”

The Director-General, UNIDO, Mr. Li Yong, said the NIRP would play a critical role towards the realisation of Nigeria’s inclusive and sustainable economic transformation through industrialisation.

He said: “UNIDO sees the Nigeria Industrial Revolution Plan as a very important strategy for the country to achieve inclusive and sustainable industrialisation and economic transformation.

“I always remember the very strong statement made by President Goodluck Jonathan of Nigeria that industrialisation is the anchor of the transformation of the Nigerian economy.”

In his remarks, the Nigerian Ambassador and Permanent Representative to Austria, Mr. Abel Ayoko, said the launch of the Nigeria Industrial Revolution Plan by President Jonathan, had helped to significantly enhance the positive image of the country within the comity of nations.

He noted that it was not surprising that Nigeria, in spite of “what people call our challenges”, has maintained its top position in terms of FDI inflow.

Ayoko added: “Since the visit of the director general of UNIDO to Nigeria a few months ago, where he was briefed in details about the NIRP, the DG has been telling my colleagues at the United Nations House in Vienna, that Nigeria is on top of an Industrial Revolution which is an integral part of President Goodluck Jonathan’s Transformation Agenda. Here at the UN House, they are all excited about the NIRP and what Nigeria is doing."

“In fact, for us as a country, this is the best time as far industrialisation is concerned. This is why UNIDO has keyed in to support Nigeria and we are all excited about this positive development," he said.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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The federal government yesterday stated its determination to meet the long-term gas supply security of the European countries.
It said the move was part of measures of the expand the country’s gas market across veritable frontiers.

The Minister of Petroleum Resources and Alternate President of the Organisation of Petroleum Exporting Countries (OPEC), Mrs. Diezani Alison-Madueke, said the country was ready to explore its gas potential to the fullest.

She spoke after holding  discussions with the EU Energy Commissioner, Günther Oettinger, at the sideline of the 11th European Union-OPEC Energy Dialogue Ministerial Meeting in Brussels, Belgium.

A statement from the Group General Manager, Public Affairs of the Nigerian National Petroleum Corporation (NNPC), Ohi Alegbe, yesterday in Abuja stated that the discussions focused on the role Nigeria can play in supporting the EU’s energy sector priorities, and particularly the long-term security and diversification of gas supplies.

The statement noted that Alison-Madueke had highlighted that Nigeria’s gas production had increased to over eight billion cubic feet per day, while the country was currently the eighth largest gas producer in the world and sixth largest gas supplier to Europe.

Alison-Madueke emphasised that Nigeria had over 180 trillion cubic feet (tcf) of discovered reserves and up to 600 tcf of undiscovered gas reserves, noting that significant investment was planned to support expansion of the sector in the coming years.

She further explained that while increasing domestic power generation was a priority for the government, export capacity would also rapidly grow, particularly as new Liquefied Natural Gas (LNG) projects are completed.

“It was an extremely productive meeting with Oettinger and I look forward to continuing to work with him to build an even stronger relationship between Nigeria and the EU,” Alison-Madueke said.

Oettinger had also said that he recognised the long-term potential of Nigeria’s energy sector and would welcome further discussions to explore ways for greater collaboration between the EU and Nigeria.

The statement also added that Alison-Madueke had earlier given a keynote address at the meeting, in her role as the Alternate President of the OPEC and during which she highlighted the strength of the trade and energy relations between OPEC and the EU countries.

She noted that OPEC countries supply the EU with over 30 per cent of annual oil consumption and nearly 20 per cent of annual gas demand.
She highlighted the role of OPEC in ensuring stability, transparency and predictability in the international oil markets, which is essential as the global economies recover and strengthen.

The minister stated that in the long-term, OPEC member countries would continue to play an essential role as it had anticipated that they would provide as much as 11 million barrels per day (mbpd) out of the anticipated 18 mbpd of additional oil required to meet the expected worldwide demand growth by 2035.

In order to maintain growth and investment, Alison-Madueke emphasised the importance of maintaining reforms in emerging economies. She noted that one such reform in Nigeria is the Petroleum Industry Bill (PIB) which is currently before Nigeria’s National Assembly and which will change the face of the country’s petroleum operations and ensure they remain in line with international standards and best practices.

She noted that the reforms in the energy sector would support the longer-term economic priorities of Africa’s largest economy, with significant investment planned in infrastructure, power generation, industry and agriculture, as well as in health and education services.

The approach she said is similar to what obtains in other OPEC member countries, which are actively pursuing economic diversification strategies.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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 The Chairman of UAC of Nigeria Plc (UAC), Udoma Udo Udoma, yesterday attributed the growth recorded by the company for 2013 financial year to  innovative and proactive measures the company’s management adopted to tackle market dynamics and competitive pressures in the operating environment.

UAC grew its turnover by 13 per cent from N69.6 billion in 2012 to N78.7 billion in 2013, while operating profit rose from N11.5 billion to N15.3 billion.

Based on the improved performance recorded in 2013  and in line with the company’s dividend policy, the board  recommended a dividend of N3.4 billion representing 36 per cent over the N2.5 billion paid in 2012.

Addressing shareholders at the company’s annual general meeting(AGM) in Lagos, Udoma said the performance was made possible  because the management took some proactive decisions.

“During the year we acquired two new companies, Livestock Feeds Plc  and Portland Paints and Products Nigeria Plc and continued to build on our strategy of working with partners who bring value to our businesses.

We currently have strategic partners in Tiger Brands Limited for UAC Foods Limited, Imperial Logistics for MDS Logistics Limited and Famous Brands for our UAC Restaurants Limited businesses. These bold initiatives have repositioned our group for sustainable growth and improved performance in the years ahead,” he said.

He expressed optimism that UAC will record modest growth in 2014 the challenges notwithstanding.

“We are very optimistic as to the growth prospect of UAC in the medium term as we integrate the two newly acquired businesses, Livestock Feeds Plc and Portland Paints and Products Nigeria Plc,  into the UAC family and continue to build on the synergies created by our various strategic alliances with other industry leaders.

"The future of UAC is indeed bright as we are poised to reap the benefits of the investments we are currently making as well as the capacity upgrades we are undertaking in our various businesses,” Udoma said.

He commented on Nigeria’s centennial celebrations, saying: “As the country celebrates 100 years of the establishment of Nigeria by amalgamation of the Northern and Southern protectorates, we are proud of the contributions our company has made to the growth of the Nigerian economy over the period. We intend to make even greater contributions as we enter into our second century of existence.”

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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 Global Infrastructure Partners (GIP), the private-equity firm run by former Credit Suisse First Boston investment banking head, Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports.

Steve Cheng and Reiner Boehning, previously heads of global project finance at Credit Suisse, will manage the debut credit pool for New York-based GIP; Bloomberg quoted a source to have disclosed.

They will invest in loans tied to energy, transport, water, waste, greenfield and brownfield assets, said the person, who asked not to be identified because the information is private.

GIP, which manages about $18.7 billion and has led acquisitions of Gatwick Airport Limited in the United Kingdom and had a stake in Australia’s Port of Brisbane, is gathering capital as institutional investors turn to private debt after bond yields shrunk to historic lows.

New capital regulations put in place after the 2008 financial crisis are also making it more expensive for banks to originate and hold debt.

Spokesman for GIP, Jack Cowell declined to comment on the fundraising.
Credit Suisse, which provided capital to Ogunlesi’s debut fund that closed in 2008, last year sold its stake in the pool to Lexington Partners Incorporated as it sought to strengthen its capital base.

Ogunlesi, a native of Nigeria who sits on the board of Goldman Sachs Group Incorporated, has degrees from Oxford University, Harvard Law School and Harvard Business School.

He worked as an attorney at Cravath Swaine & Moore LLP before joining Credit Suisse in 1983. His employment at the Zurich-based bank ended in December 2006 and he was a senior adviser to the firm through 2007.

GIP’s first fund was $5.6 billion. The second, which closed in 2012 at $8.25 billion, was the biggest fund of its type raised for infrastructure assets. Ogunlesi told Bloomberg News at the time that governments under fiscal pressure wouldn’t be able to invest, opening the door for private capital.

 There were a record number of unlisted infrastructure debt funds in the market at the beginning of the year, according to data from London-based research provider Preqin Limited. 20 funds were seeking $15 billion compared with 16 funds targeting $9.7 billion in January 2013, the data showed.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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LAGOS— A ritualists’ den was, yesterday, uncovered at Ogolonto area of Ikorodu Lagos, with at least eight victims, said to have been kidnapped from different parts of the country, rescued.

One of the victims, a 52-year?old man, who identified himself simply as Onwurah, alleged that his wife had a hand in his kidnap, saying he had spent two years in the enclave.

The den was uncovered following a foiled attempt by a mother of four to take one of her victims, a seven year?old boy, to the den.

Vanguard gathered that the woman identified as Mrs Rosemary Chukwu, who resides at 33, Omologede Street, behind C&S Primary School, allegedly abducted the seven-year?old primary school pupil, Emmanuel Emeka, on his way to fetch water from a public well at about 6.30 a.m.

Chukwu was alleged to have kept the boy inside her toilet and engaged her four children in a prayer session, apparently to prevent her co?tenants from hearing the abducted boy’s cry for help.

How Emeka was rescued

Meanwhile, back in the abducted boy’s home, located four buildings from his captors, his mother became apprehensive over his unusual delay. She was said to have raised alarm which caused residents to conduct a search round the neighborhood for Emeka.

Eye witnesses told Vanguard that Chukwu even went out and suggested areas where the search party could search for the missing boy. She was said to have been sighted with a suitcase on her head, accompanied by her children.

An eye witness, who gave his name as Oyetoye Gbemi, said: “She told us she was travelling to the village. But one of the area boys who was among the search party, ordered his colleagues to search the box.

“Immediately she heard that, she flung the box away and took to her heels. We all suspected something was amiss. When the box was opened, Emmanuel was found inside, half dead.

“The area boys descended on her and stripped her naked. On interrogation, she said her pastor, the General Overseer of Holy Family Ministry a.k.a House of Mercy, asked her to bring the boy.

“The area boys followed her to 319, Lagos Road, Ikorodu, where the church is situated, where they saw her pastor waiting for her. But on sighting the crowd, he took to his heels.

“But for the arrival of Policemen from Owutu division, the woman would have been lynched. The angry mob also attempted to set the church ablaze but were also prevented by the policemen. They, however, succeeded in torching some parts of the property.”

Ritualists’ den

uncovered

When Vanguard arrived the scene, a crowd had gathered, giving varying accounts of what happened.

But to the astonishment of all, another building alleged to be used for ritual purposes by Pastor Ernest Nwankwo was discovered.

The building located at 7, Oshodi Street, was behind the church. It was gathered that some miscreants uncovered the building while they were chasing the fleeing pastor.

The mob was said to have forced some apartments in the building open, where they found an undisclosed number of persons in chains.

The victims were said to have recounted how they were kidnapped from Anambra, Bayelsa, Ogun and Oyo states at different times. One of them, according to eye witnesses, who pleaded anonymity, said she was kidnapped 11 years ago.

According to an eyewitness, “the woman said she is about 50 years old and that she was kidnapped along the Lagos/Ibadan expressway while returning from a vigil.

“The rest were males and were wearing briefs. They looked haggard and tired. The area boys set them free when they opened the apartments. I believe some of them should be with the police.

“There were also ‘Ghana must go’ bags of currencies . The area boys looted some of the things they met before the arrival of the Police.”

I was abducted from Anambra 2 yrs ago

—Victim

When Vanguard visited the den, there were bloodstains around the building and a particular apartment where those alleged to be in chains were kept, was opened up. The apartment was dark and was littered with dirty cutlery suspected to have been used to feed the victims. There was also a bowl which contained suspected human blood.

A 52 year?old man seen in chains told Vanguard that he was kidnapped two years ago from Anambra State. He said he used to be a commercial bus driver before he was abducted and brought to Lagos.

“The man said he could not join others to escape because the key to his chain could not be found. When he was asked if Pastor Ernest was responsible for his abduction, he charged at him, saying: “Do not call him a pastor. He is not. He is a killer and a ritualist.”

A community leader in the area who identified himself as Alfa Olajide Odeji, told Vanguard that the building on Oshodi Street was always under lock and key. He said there were unusual movements there at night. His claim was collaborated by another community leader who gave his name as Elder Sikiru Odebowale.

Efforts to reach the Lagos State Police Public Relations Officer, Ngozi Braide failed. However, Police sources confirmed that the female suspect was in Police custody and that the seven-year?old boy had been taken to a hospital. His condition could, however, not be ascertained. Also, Pastor Ernest Nwankwo was said to be on the run.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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BENIN—THE crisis rocking Edo State House of Assembly degenerated, yesterday, with the Peoples Democratic Party, PDP, members and their All Progressives Congress, APC, counterparts, holding parallel sessions in front of the main entrance to the Assembly complex.

While the APC legislators’ session, presided over by the Speaker, Mr. Uyi Igbe, adjourned sitting to Wednesday next week, the PDP legislators, at their session presided over by the suspended Deputy Speaker, Mr. Festus Ebea, adjourned plenary to Monday.
Mr. Kabiru Adjoto of APC, who announced the adjournment of his faction’s session, said that the House will resume plenary on Wednesday next week and cautioned security details at the Assembly against letting any lawmaker into the complex until sitting resumes.

The PDP faction was presided over by the suspended Deputy Speaker, Ebea and they covered their heads with PDP customized umbrellas.  They spent about 10 minutes deciding what to do about plenary.
Mr. Friday Ogierhiakhi thereafter, announced that they will  resume sitting on Monday, June 30, 2014.

Earlier,  there was drama when the PDP lawmakers wanted to use an umbrella with PDP logo to protect themselves during the early morning rain, as their APC counterparts protested. The  Majority Leader of the House, Mr Philip Shaibu, said  that it was sort of a campaign, which according to him was not proper.

Meanwhile, the Edo State APC caucus in the House of Representatives, yesterday threatened that the House of Representatives may take over the affairs of the Edo State House of Assembly, if the current crisis rocking the House was not resolved soon.

The caucus, in a statement by Samson Osagie (Minority Whip), Razaq Bello-Osagie, Pally Iriase, Jim Adun, Isaac Nosa Osahon and Peter Akpatason, commended the Oba of Benin for intervening in the matter, but called on the police to execute the order of the state High Court, which restrained the four suspended lawmakers from entering the Assembly premises.

Meantime, the elders forum of the APC in Esan South-East constituency of Edo State, has disowned the embattled Deputy Speaker of the Edo State House of Assembly, Mr Festus Ebea, describing him as an ingrate.

On its part, the APC caucus in the House of Reps in a statement, said: “As lawmakers, we all owe the institution a duty not to bring it into disrepute by obeying the rules of the parliament and all valid orders made by a court of competent jurisdiction, when they are called to intervene in any matter involving the actions of the legislature.

“We call on the members of Edo State House of Assembly, especially those against whom an order was made to respect such orders no matter how dissatisfied they are with the order.”

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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