Anambra governor donates N10m to IfeanyiUba

Anambra State Governor  Willie Obiano  on Wednesday donated N10m to  Premier League club IfeanyiUbah for winning the 2016 Federation Cup, the News Agency of Nigeria reports. Obiano announced the donation when he received the Nnewi  team during their victory tour of the state at the Governor’s Lodge in Awka. The Anambra Warriors  on November  6 defeated Nasarawa United 5-4 on penalties to lift the Federation Cup  trophy at the Teslim Balogun Stadium, Lagos. The governor, who praised  the team, urged them to win  the CAF Confederation Cup in 2017. He said if the team could come home with the prized silverware, the administration would quadruple the donation and allocate land to members of the team. Obiano noted that the Federation Cup win  was important for  the state, describing it as “one of its kind in recent times’’. He promised to support the team and urged the  management to remain focused. The owner of the club, Ifeanyi Ubah, lauded the governor for his gesture and promised to bring more honours  to the state. NAN reports that there was gridlock on the major roads of the state capital following the large number of people who came out to catch a glimpse of the trophy.Source: Punch

Omagbemi blames referee

Nigeria coach Florence Omagbemi  has questioned  South African referee Akhona  Makalima over her  decision not to award the Super Falcons a penalty against Ghana in their Cameroon 2016 African Women’s Cup of Nations Group B clash in Limbe on Wednesday. Black Queens’ Portia Boakye turned  Asisat Oshoala’s shot into her own net in the 19th minute to give Nigeria the lead. But Elizabeth Addo beat Nigeria goalkeeper Alaba Jonathan from the sport three minutes before the recess  to keep the score level at 1-1. Omagbami, who rued the Falcons’ missed chances in the encounter with their fierce rivals, praised the opponents for their showing. “The game was great and both teams played well,” the versatile  former Nigeria captain, who won the tournament in 1998, 1998, 2000 and 2002, told Cafonline after the game. “Ghana gave us a good match and it was an impressive game. The foul on Asisat Oshoala was a clear penalty in my own assessment. “I was disappointed in the referee  for not making the call. We were not over confident after the 6-0 victory over Mali. “Today, we played against a good team and it was a good match by both teams. A draw  is not a bad result.” Her Black Queens counterpart  Yusif Basigi said he was not happy with the outcome of the clash, saying his team.”. Source: Punch

Cargo examination: Regulators, operators blame corrupt importers

Regulatory agents and terminal operators have blamed corrupt practices by importers for their presence and high level of physical examination of cargo at the nation’s seaports. Multiple agencies and physical cargo examinations waste time and are reportedly responsible for the high cost of doing business in Nigeria. Some importers, according to the regulators and operators, are dubious and this makes Customs officials to suspect any cargo they bring into the country. The spokesperson for the Seaports Terminal Operators Association of Nigeria, Mr. Bolaji Akinola, in an interview with our correspondent said, “One of the challenges we have at the ports right now is high level of physical examination of cargo where containers are opened and cargo examined one after the other by the Customs. “They are doing this because Nigerian importers are dishonest. They short-change the system by importing without making proper declaration and importing what they should not import.  “They are not helping government to realise its fiscal objective and because of that, the Nigeria Customs Service has become very suspicious and wants to check everything thoroughly.” The Director, Ports Inspection Directorate, National Agency for Food and Drug Administration and Control, Mrs. Maureen Ebigbeyi, corroborated Akinola’s observations while explaining the presence of NAFDAC at the ports during a recent maritime stakeholders’ forum. She said that in the process of inspecting containers carrying regulated products at the ports, agents had stumbled on false declaration and forged documents by importers. She said, “The level of false declaration that we see at the ports is amazing. At one time, 13 containers carrying wrong strength and dosage of drugs arrived in Port Harcourt under the guise of clothing materials.  “I have seen manifest from the Nigerian. Source: Punch

Rivers Rerun: INEC Has Handed over Original Result Sheets to Amaechi, Wike Alleges

Rivers State Governor, Nyesom Wike, has alleged that the leadership of the Independent National Electoral Commission (INEC) has handed over original copies of result sheets to the Minister of Transportation, Chibuike Amaechi, for the planned rigging of the December 10 rerun elections.
Wike made allegation yesterday while flagging off the construction of the Ulakwo II-Afara–Nihi in Etche Local Government Area of the state. Wike stated that Amaechi made the disclosure on Tuesday in Abuja during a meeting with the leaders of the state chapter of the All Progressives Congress (APC). The governor said he was possession of the proceedings of the Abuja “illegal meeting” of the APC at Abuja.Wike stated that Amaechi assured the state APC leaders at the Abuja meeting that the original result sheets supplied by INEC would be used for the December 10 rerun elections to facilitate victory for; unpopular APC candidates. He said: “While we are working for the people of Rivers State to convince them to vote for us, the APC is busy working with INEC to rig the rerun elections. “Amaechi told them at the illegal meeting that (Senator Ali Modu) Sheriff is working for them (APC) and that they have finished PDP. Sheriff cannot finish PDP,hecanonlyfinishhimself.“On December 10, follow your results bumper to bumper. Don’t allow anyone to swap results. I urge the Etche people to follow their results.” The governor disclosed that the state APC members who were arrested printing fake result sheets for INEC were transferred to Zone 6 Police Command headquarters in Calabar where arrangements had been concluded to take them to Abuja for the Director of Public Prosecution at the Federal Ministry of Justice to formally release them in line with the request of APC. He assured the people of Etche Local Government Area that he would stand with them to.” Source: Thisday

Obasanjo attacks Buhari, knocks N’Assembly members

Former President Olusegun Obasanjo on Wednesday came hard on President Muhammadu Buhari, urging him to fix the country’s economy as he promised during electioneering rather than expressing frustration at the gloomy economic situation. Obasanjo spoke during a lecture he delivered at the First Akintola Williams Annual Lecture in Lagos titled, “Nigeria yesterday, today and tomorrow: Governance and accountability.’’ He said that it would have been needless for Nigerians to cry for a change of government if things were rosy in the country before Buhari took over. The ex-President also faulted the proposed borrowing of US$30bn by the Buhari administration, arguing that such would amount to taking the soft option capable of hurting the country in future. Besides, he cautioned Buhari against castigating his administration alongside previous ones, describing such as uncharitable, fussy and uninstructive.According to Obasanjo, if the current administration does not fix the economy to relieve the pain and anguish of many Nigerians, the gains recorded in fighting insurgency and corruption will pale into insignificance.Obasanjo stated, “It is easier to win an election than to right the wrongs of a badly fouled situation. When you are outside, what you see and know are nothing compared with the reality. And yet once you are on seat, you have to clear the mess and put the nation on the path of rectitude, development and progress leaving no group or section out of your plan, programme and policy and efforts. The longer it takes, the more intractable the problem may become. “I understand President Buhari’s frustration on the state of the economy inherited by him. It was the same reason and situation that brought about cry for change, otherwise o. Source: Punch

CALL FOR SUBMISSION OF MEMORANDUM ON CIBN ELECTORAL PROCESS

Dear Member,

CALL FOR SUBMISSION OF MEMORANDUM ON CIBN ELECTORAL PROCESS

The Ad hoc Committee on Overall Review of the CIBN Electoral Process hereby invites members to submit memoranda on issues concerning the administration of elections to facilitate the attainment of a more robust and acceptable electoral system.

The Adhoc Committee constituted by the Governing Council at it meeting of September 15, 2016 has the following Terms of Reference:

1.      Ensure that the Electoral Process and Guidelines of Election conform to International best practices.

2.      Propose strategies for attracting the active participation of qualified members in the process

3.      Review the Electoral process with the aim of broadening the scope to enrich the Institute with the best qualified Members

4.      Work out the Modalities for introducing an appropriate electronic system to enfranchise qualified members irrespective of location without compromising the integrity of the process

5.      Consider all other matters referred to it by Council

Members are to kindly click here to complete the CIBN Electoral Process Review Form and submit not later than Friday, December 2, 2016.

All inquiries or clarifications should please be directed to:

The Secretary,

Adhoc Committee on Overall Review of CIBN Electoral Process

The Chartered Institute of Bankers of Nigeria

PC 19, Adeola Hopewell Street, Victoria Island, Lagos

Telephone: 08033082332

E-mail: segunshonubi@cibng.org

Invitation to participate in our CCPD Programme on Operational Risk and the Potentials of its Management

INVITATION TO PARTICIPATE IN OUR PROGRAMME

The Chartered Institute of Bankers of Nigeria (CIBN) is pleased to invite you to participate in our Compulsory Continuing Professional Development (CCPD) Programme on Operational Risk and the Potentials of its Management scheduled as follows:

Date:                Thursday 8 - Friday 9 December, 2016          

Time:               8.30 a.m daily

Venue:             Bankers House, PC 19 Adeola Hopewell, Victoria Island, Lagos

The programme attracts a CCPD Credit Rating of 10 units and a discounted participation fee of N25,000.00 (Twenty Five Thousand Naira only) per participant, N20,000 (Twenty Thousand Naira only) per participant for group of 3 -5 participants and N15,000 (Fifteen Thousand Naira Only) for group of 6 and above. The fee covers workshop Materials, Tea/Coffee, Snacks and Lunch. Certified bank cheque/draft should be drawn in favour of The Chartered Institute of Bankers of Nigeria or e-payments to CIBN GTBank Plc Account No: 0000845015.

We hope that the programme will enhance participant’s managerial competence, knowledge and skills on the subject matter as well as achieving a fraction of the mandatory 35 units CCPD credit hours for the year.  While we look forward to a favourable nomination, please contact Ndidi (08023185048) or email ndidiolaosegba@cibng.org or Udochi (08127465565) udochiunegbu@cibng.org for further enquires.

We thank you for your support and cooperation in the promotion of financial and investment education in Nigeria.

Yours sincerely

Babatunde Apena                               

Group Head, CCPD & E-Learning