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‘APC has given me red card and I’m outside the pitch’- Ortom cries out

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Governor Samuel Ortom of Benue state, alleged on Monday, that his party, the All Progressives Congress, has been given a “red card” while stating that he is now floating and awaiting any party to admit him.

Ortom revealed this at the inauguration of a Special Adviser to Bureau of Local Government and Chieftaincy Affairs, Jerome Torshimbe. he said “As for party, I have been given red card and I’m outside the pitch. So, if I have been given red card and I’m standing outside, I’m a free man,”

“So, I don’t know what will happen next; but I’m waiting. If approached, then I will tell the Benue people that I’m joining another football club.

“I’m a child of destiny and it’s only God that will decide what I will be,” Ortom said.

The governor, who decried the challenges facing the state, enjoined the people to be united so that development would come to the state.

“Many people have been wondering that though we dedicated the state to God, we are still facing challenges; but all these challenges that we see today, we shall see them no more.

“All that we are required to do is not to begin to be wayward in our conduct, but to move to the righteous side of God. Once we do that, things will work out for our good.

“Looking at what is happening to us, sometimes I’m tempted to think that we are dying like people who do not have God. But we must choose the path of walking with God, obeying and serving him.

“If we do that and ensure that His values get into our hearts and we work with him, development will be inevitable. Let us work and encourage those things that can develop us.

” We need to come together and not allow party or ethnicity to divide us.”

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Jeannie Mai shares Sensational Post on Travel

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Jeannie Mai, has took up to instagram two hours ago to share sensational post about travel. This post was made by Jeannie Mai from Geneva, Switzerland.

The award winning daytime talk show co – host posted a beautiful picture of her in a sensational colourful flowery dress captioned: “I never traveled out of the US till i was older because it wasn’t something we can afford. Today i’m addicted to travel and how it readjusts my lens on life.” the beauty went on by giving some travel tips “If you wish to travel far – travel light. Don’t pack envies, jealousies, unforgiveness, selfishness and fears.” “Guaranteed you’ll come back with a different smile.” She added.

Even though the TV personality came from a humble background, she has made a name for herself in the show biz. Jeannie Mai, has been travelling a lot this days, she posted a picture she took two days ago in London, United Kingdom.

Earlier this month, Jeannie was in Paris, France.

Four days ago, Jeannie Mai went on instagram to celebrate her mom, Mama Mai and Loni Love, her co – host and friend’s birthday.

Jeannie Mai (born January 4, 1979) is an American television personality, stylist, and talk show host. She is best known for How Do I Look?, USA’s Character Fantasy and the talk show, The Real. As a fashion expert, she is frequently featured on numerous television programs and networks such as NBC’s Today Show on the “Fashion Tips Today” segment,Extra TV, Entertainment Tonight, Insider and E! Entertainment as well as NBC’s co-owned pageant Miss Universe.

The talk show co – host is living her life after her divorce from freddy! and we tell you– she has never looked better!

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Viral video of Obama dancing with his grandmother on Kenya trip

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Former President of United State, Barrack Obama was seen in a viral video making rounds,dancing to some traditional music with his grandmother in his first visit to Kenya, since after leaving office.

Obama visited his father’s ancestral village in Kenya’s south-western Siaya county on Monday, to launch a youth centre set up by his half sister Auma Obama.

Kenyan television showed the former U.S. president pulling his grandmother, Sarah Obama, clad in traditional garb, onto the dance floor and getting down to some music.

Obama, America’s first black president and a favourite in Africa, was also shown touring the Sauti Kuu Centre, sporting a casual white shirt and a pair of shades.

Locals hoping to get a glimpse of Obama lined the roads near the centre, with one school girl telling Kenya’s NTV “I’m happy to see our elder brother come today.”

After Obama arrived in the country on Sunday, he met with President Uhuru Kenyatta, who tweeted “It was great to welcome you back @BarackObama.”

Mr Obama will head to South Africa on Tuesday to give a key speech for Nelson Mandela’s centenary – his first major public address since leaving office.

 

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Ed Sheeran named the highest-earning solo musician

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Ed Sheeran has been named the highest-earning solo musician in the world, having taken home more than £80 million over the past year.

According to the newly-published Forbes Celebrity 100 list, which ranks the world’s highest-paid celebrities from June 2017 until June 2017, Sheeran is the ninth biggest earner.

He has jumped 62 places from last year, and is ahead of the likes of solo musicians including Taylor Swift and Beyonce in terms of overall earnings.

The 27-year-old, who last year released his number one album Divide and embarked on his world tour, earned 110 million US dollars (£83.1 million) over space of 12 months, according to Forbes.

Sheeran’s recent performance is an improvement on an already impressive 2017 effort. Last year saw him place seventh on the same list with 1,408,681 tickets sold worldwide. With only half of 2018 completed, he has already nearly doubled this figure, selling a total of 2,624,148 tickets and counting, bolstered by record breaking runs in Australia and the UK.

Similarly, Keeping Up With The Kardashians star and make-up brand entrepreneur Kylie Jenner’s 166.5 million US dollars (£125.8 million) over the past year have put her in third place, a significant jump from 59 last year, her first time on the list.

She is 30 places ahead of her older half-sister Kim Kardashian West.

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Ekiti Guber: Finally Fayose breaks silence, calls Buhari a dictator

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Ayodele Fayose, Ekiti State Governor, has finally broken his silence over the just concluded gubernatorial election which held on Saturday July 14, while stating that President Buhari is a dictator and not a democrat.

The governor who was reacting to a statement by a media aide of Buhari, Mallam Garba Shehu, entitled: “Fayose: In the end, a high-powered nothing,” issued in reaction to Saturday’s election, said that Buhari has shown that he lacks democratic credentials by applauding and approving what he described as “a charade that passed for the governorship election in Ekiti State last Saturday”.

Fayose, reacted through his Chief Press Secretary, Mr Idowu Adelusi, in Ado-Ekiti on Monday, said if Buhari was a democrat, he would not have supported a situation whereby the will of the people was subverted through the use of brute force.

“President Muhammadu Buhari should not be happy and applaud this situation whereby the police, army, civil defence and INEC were used to snatch the collective mandate freely given to the Peoples Democratic Party candidate, Professor Kolapo Olusola and delivering it to the All Progressives Congress candidate which Ekiti people rejected.”

Fayose queried, “Can you call that election? Of course not. It was a contest between Olusola and the INEC and security agencies.

“There was indiscriminate arrest of our party leaders, harassment and brutalisation of voters in a massive scale especially in Ado Ekiti, Ikere and others areas. The thugs imported by the APC operated freely under the cover of security agencies to snatch ballot boxes, create confusion, cause mayhem and drive away voters in PDP strong holds. Our party agents were driven away with gun.

“Buhari has demonstrated truly that he is not a democrat, but a dictator who is yet to get over military mentality . Muscling of democracy in Nigeria today by the Buhari administration is not about Ekiti alone. Presidential aspirants and PDP states should prepare to have taste of brutality of this administration. This is why we all need to stand up to rescue Nigeria from Buhari.

“I am Peter Ayodele Fayose, I hold my head high. I can never be suppressed. I don’t lose battles and I will not lose this. I will laugh last. Those waiting for me, will wait in vain. They should remember what the prophet said to that heady king in the Bible, which applies to them. ” He that wears the armour should not boast as he that removes it. ”

“It is only Buhari that will pride himself with the security shooting sporadically at polling centres, scaring people to pave the way for the APC thugs to snatch ballot boxes.

“What Buhari has won as referendum from Ekiti people, Nigerians, and international community is shame. If APC has truly won, why is it that there is no jubilation in Ekiti?.

“The victory of Kayode Fayemi is pyricc. We will reclaim the stolen mandate in the court by the power of God,” he said.

Replying Shehu, the Governor said the presidential spokesman is a fair weather friend who would soon desert his current pay masters.

“Garba Shehu was in the Presidency courtesy Alhaji Atiku Abubakar for eight years and came back for this current dispensation still courtesy Abubakar. Now, he has abandoned the person who brought him to the limelight.

“This is not surprising, when he was the President of the Nigerian Guild of Editors during the regime of General Sani Abacha, he wined and dined with the maximum ruler. He would go under the cover of darkness to collect money purportedly for editors, but everybody knew what he did then. Nigerians are waiting to nail him in the end,” Fayose said.

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Ruffle in APC as Speaker Dogara’s Key aide dumps party

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Another ruffle has occurred in the All Progressive Congress, as Usman Bawa, the Special Adviser to the Speaker of the House of Representatives on Special‎ Duties, on Monday resigned membership.

Mr Bawa was a member of the House of Representatives where he represented Kaduna North Local Government Area at the ‎National Assembly.

He sent his signed resignation letter, dated July 14, to ‎the APC chairman in his local government.

Mr Bawa was appointed by the Speaker of the House of Representatives, Yakubu Dogara, in 2015.

Mr Dogara’s spokesperson, Turaki Hassan, confirmed to Newsmen that Mr Bawa was still an aide to his principal.

“I write to convey my decision to resign as a member of the All Progressive Congress ( APC) following consultations with my teaming supporters.

“The decision has become imperative to enable me pursue other course of life. I seize this ‎opportunity to express my appreciation to the executives and members of APC for their support during my stint with the party,” he said.

He did not mention the new party he will be joining.

Mr Bawa’s decison comes weeks after an aide to Senate President Bukola Saraki, Hakeem Baba-Ahmed, also left the APC.

Mr Baba-Ahmed is also a politician in Kaduna State.

Although Messrs Dogara and Saraki are still officially members of the APC, they are believed to be the key sponsors of the R-APC, a splinter group within Nigeria’s ruling party.

The R-APC is already in talks with the other parties including the main opposition PDP to form a coalition for the 2019 election.

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Are We Useful Idiots?

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Not to know what has been transacted in former times is to be always a child. If no use is made of the labours of past ages, the world must remain always in the infancy of knowledge.– Marcus Tullius Cicero

One of the reasons history is indispensable to humanity is that it helps us to know the past, correct the present, and predict the future. Basically, human experiences are quite similar if not entirely the same. True, every age and civilization has its own challenges. But if these are realistically appraised, we come to certain awareness that there is nothing new. At best, what we have in form of civilization is old errors in new label.

This is why innovators hardly get caught up with the challenges of the present. They know that there is nothing new under the sun. With the experiences of the past, the present challenges are easily contained using improved methods. But for the laggards, history always repeats itself. For these, the Shavian conceit bears fullest manifestation that “the only thing we learn out of experience is that we learn nothing out of experience.” 

To some extent, the Shavians may be right otherwise, how do we explain the fact that even with our claim to enhanced living, better knowledge, and advancements in virtually every field of human endeavor, the errors of the past are still ever present amongst us. Let’s take the political spectrum for illustration. As much as I love politics because it is indispensable for humanity, there’s one aspect of it that nauseates me. 

What? It’s BETRAYAL! For the avoidance of doubt, betrayal is not limited to politics, in fact, it is present in almost, if not, every aspect of life. Be that as it may, rightly or wrongly, it seems to me that betrayal is more prevalent in the political arena. It’s as old as humanity itself but in politics as in any other field, it always come with awful taste. All those who have ever betrayed others or have been used and dumped, are here reckoned in this reflection as USEFUL IDIOTS.

Going through history, one of the most useful idiots that comes to mind easily is Brutus. In his epic novel Julius Caesar, William Shakespeare told part of his story. Marcus Junius Brutus, often referred to as Brutus was a Roman Senator, born 85 BC in Rome to Marcus Junius Brutus the Elder and Servilia. His father, at the orders of Pompey, was murdered in 77 BC by Geminius, Pompey the Great’s close ally in dubious circumstances after he had taken part in the rebellion of Marcus Aemilius Lepidus and surrendered subsequently to Pompey.

The Roman historian Gaius Suetonius Tranquillus in his work, The Deified Julius, tells us that Brutus’ mother Servilia was the half-sister of Cato the Younger, and later Julius Caesar’s mistress. In reference to this affinity to Caesar, Plutarch in the Life of Brutus alleges the possibility of Caesar being Brutus’ real father, although, this is unlikely because Caesar was only 15 years old when Brutus was born. Nevertheless, Brutus was very close to Caesar.

Often, in politics, there are no permanent enemies but there are permanent interests. This is why politicians are prone to alignments and re-alignments in a bid to secure their interests. This is surely true in the life of Brutus as the unfolding narratives reveals. Despite his closeness to Caesar, Brutus would eventually come to oppose him and even fought on the side of the Optimate faction, led by his own father’s killer Pompey, against Caesar during the Civil War.

What happened? Between 59 and 53 BC, the Roman Republic experienced an informal political alliance of three prominent men – Gaius Julius Caesar, Gnaeus Pompeius Magnus and Marcus Licinius Crassus. This alliance was dubbed The First Triumvirate by historians. Basically, they shared power over Rome, and pitched themselves against the Optimates, that is, the politically conservative and socially traditionalist faction of the Roman Senate.

Don’t forget that Caesar was a skillful soldier and a prominent politician renowned for his conquest of Gaul (58–50 BC). Pompey was considered the greatest military commander of his time. But, Crassus was a property speculator, the largest landlord, and the richest man in Rome. However, according to Andy Goldsworthy, the alliance was “not at heart a union of those with the same political ideals and ambitions,” but one where “all were seeking personal advantage.

Indeed, it was at best, a marriage of convenience. With their extensive networks of patronage, the three men formed an alliance with which they eventually gathered sufficient popular support to counter the stranglehold the Roman Senate had over Roman politics. The Senate had thwarted some bills these men had sponsored. With this alliance, they finally overcame the Senate’s resistance to these bills and had them passed.

 Regrettably, barely five years after the formation of The First Triumvirate, tragedy struck in 53 BC. Crassus was defeated during his campaign against the Parthians at the Battle of Carrhae leading to his death. This left behind an increased rift between the duo of Caesar and Pompey as each schemed to outsmart the other. To the discomfiture of Pompey, Caesar emerged as a champion of the common people, and advocated a variety of reforms.

The Senate, fearful of Caesar, demanded that he relinquish command of his army. Pompey and his legion supported the Senate against his ally Caesar. Naturally, Caesar refused, and instead marched his army on Rome, which no Roman general was permitted to do. Pompey fled Rome and organized an army in the south of Italy to meet Caesar culminating in Civil War.

 Historians regard it as “The Great Roman Civil War,” also known as “Caesar’s Civil War” (10 January 49 – 17 March 45 BC). It was one of the last politico-military conflicts in the Roman Republic before the establishment of the Roman Empire. After initial triumph over Caesar in the Battle of Dyrrachium on 10 July 48 BC, Pompey, ill-advised by his ally, met his waterloo at the Battle of Pharsalus in central Greece on 9 August 48 BC.

He disguised as an ordinary citizen and fled to Ptolemaic Egypt where he was assassinated upon arrival. Although Brutus fought against Caesar alongside Pompey, but when Pompey was defeated, Caesar ordered his officers to take Brutus prisoner if he gave himself up voluntarily, but to leave him alone and do him no harm if he persisted in fighting against capture. It is this Caesar’s magnanimity which fuelled the speculation that Brutus was probably his biological son. Brutus surrendered to Caesar, who gladly granted him amnesty.

Still, the underlying political tensions that led to the war had not been resolved. Due to Caesar’s increasingly monarchical behaviour, several senators, calling themselves “Liberators,” plotted to assassinate Caesar. They recruited Brutus, who took a leading role in the assassination, which was carried out successfully on March 15, 44 BC. In the play, Caesar gallantly resisted his assailants but then, when the dagger thrust came from Brutus, he turned and allegedly uttered his last word “Et tu, Brute?” (Brutus, you too?) and he gave up.

The Senate, at the request of the Consul, Mark Antony, granted amnesty to the assassins. Nevertheless, Antony’s incendiary speech at Caesar’s funeral led to a populist uprising against Brutus and his brother-in-law and fellow assassin, Gaius Cassius Longinus. Eventually, both were forced to leave the City of Rome. In 43 BC, Caesar’s grandnephew and adoptive son, Consul Octavian formally known as Gaius Julius Caesar after assumption of office, passed a resolution declaring the conspirators, including Brutus, murderers.

This led to the Liberator’s Civil War, pitting the erstwhile supporters of Caesar, under the Second Triumvirate, against the conspirators. The Second Triumvirate is the name historians have given to the official political alliance of Gaius Julius Caesar Octavianus (later, Caesar Augustus when he successfully outmaneuvered his allies, and established the Roman Empire in 27 BC), Marcus Antonius (Mark Antony), and Marcus Aemilius Lepidus, formed on 27 November 43 BC with the enactment of the Lex Titia.

At the battle of Philippi in Macedonia on 23 October 42 BC, the combined forces of Octavian and Antony decisively defeated the outnumbered armies of Brutus and Cassius. After the battle, Brutus committed suicide. In Dante’s Inferno, Brutus is one of the three people deemed sinful enough to be chewed in one of the three mouths of Satan, in the very centre of Hell, for all eternity. The other two are Cassius, who was Brutus’ fellow conspirator, and Judas Iscariot. Dante condemned these three in the afterlife for being treacherous against their masters.

As I reflect on the chaotic Nigerian politics, I couldn’t help but think that most Nigerian Politicians, especially those from the South, are USEFUL IDIOTS in the mold of Brutus. William Shakespeare’s play Julius Caesar, depicts Brutus’ internal struggle, his assassination of Caesar with the other conspirators, and their subsequent downfall. In the final scene, Act 5, Scene 5, Mark Antony describes Brutus as “the noblest Roman of them all,” for he was the only conspirator who acted for the good of Rome.

 Most Nigerian politicians who cross-carpet with reckless abandon will always want us to believe that “they are noble and acting for the good of Nigeria.” I don’t subscribe to this jinx mantra. It would be more bearable if they have the courage to tell the public that they are in love with power and wealth and would pursue it at all cost. I am not a political scientist, yet, it still baffles me why most of our politicians don’t value their integrity. They speak with both sides of their mouths to the extent that it is difficult if not impossible to believe politicians.

In his account of the Murder of Dele Giwa titled: “Honour For Sale”, Major Debo Basorun, may have unwittingly summed up what has become of most Nigerian Politicians. Indeed, their Honour is for sale, particularly to the highest bidder. How does one explain the fact that most of these politicians are like chameleon? Today, it’s this party. Tomorrow, it’s another. Next tomorrow, it’s coalition of parties. All this for what? The most annoying aspect of these useless gimmicks is that most of these shameless politicians are confirmed ingrates.

Yes, when the going is good, they espouse the virtues of one political party, when they perceive their ulterior motives are threatened, they jump boats and soon after, begin to bite the fingers that fed them. They behave as if their former party is so evil that it doesn’t worth dying or sacrificing for. They criticize it as if it’s the worst thing that ever happened to them not minding that they have benefited a lot. Then, when their boats are rocked in their new parties, they cling happily to the status of the prodigal sons who want to return home.

 We have watched this drama unfold over and over again. Sad however, that we don’t learn anything. This is why the bad politicians can afford to toy with us. They understand that we are suffering from collective amnesia. We easily forget that all their dramas are just for what they stand to gain. They don’t have our well being at heart. Most of all, we easily forget that they betrayed us before and as a consequence mortgaged our futures. Foolishly, we still fight for them on top of our bleeding injuries deliberately caused by them.

ARE WE USEFUL IDIOTS?

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Taylor Swift Got Stuck in Midair During her ‘Reputation’ Show

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Over the weekend, American singer-songwriter Taylor Swift proved she is a pro during a major stage malfunction on her Reputation tour. In multiple videos captured by fans, it appears that Swift got stuck while suspended mid-air during her Philadelphia concert on Saturday evening.

During her performance of Delicate, Taylor was supposed to be lifted from one stage to another. “I’m pretty sure I’m stuck up here,” she was heard telling the crowd. “It’s a really nice view though.” But after she was released, Taylor was hit with another problem: She had to figure out how to get to the second stage. “Is there a way for me walk?” she laughs as she asks the crew backstage.

Taylor acts like a pro as her crew works to find a solution, in an effort to keep her audience entertained, she surprises them with two acapella performances.

Taylor Swift’s Reputation Stadium Tour is the fifth concert tour by American singer-songwriter Taylor Swift, in support of her sixth studio album, Reputation (2017). The tour began on May 8, 2018 in Glendale and is set to conclude on November 21, 2018 in Tokyo, comprising 53 concerts.

Impressively, Swift made history by becoming the first female artist to headline Dublin’s Croke Park twice, with around 136,000 fans reportedly attending both nights.

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President Buhari’s address at International Criminal Court event (Full Text)

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President Mohammadu Buhari is in the Netherlands for the 20th anniversary celebration of the International Criminal Court, ICC, he delivered a keynote address at the event on Tuesday July 17.

Here is a full text of his address……

I am honoured to be with you here today to celebrate the anniversary of this vital global institution. I say “vital” because the world needs the ICC.

2. Let me start by congratulating you, Judge Chile Eboe-Osuji, on your election as President of the International Criminal Court, and also thank the judges of the Court for electing you, a cherished son of Nigeria. Nigeria is very proud of you, Mr. President.

3. Let me also express my gratitude to the International Criminal Court for inviting me to speak on this occasion.

4. As we know, the International Criminal Court was established twenty years ago as a global court, inspired by the Nuremberg trials of World War II war criminals, to hold people accountable for crimes against humanity, war crimes, crimes of genocide and aggression.

5. In addition to preventing impunity, promoting adherence and respect for the rule of law and fundamental freedoms worldwide and to punishing those in leadership positions responsible for the most appalling crimes and atrocities, the ICC has given hope for justice to so many, by demanding strict adherence to the rules of international humanitarian law.

6. With the alarming proliferation of the most serious crimes around the world, the ICC, and all that it stands for, is now needed more than ever, in ways that were unforeseeable to its founders. The ICC may have been created at a time of optimism that it would not need to be utilized frequently, but, unfortunately, the increase in international crimes has only increased the Court’s relevance.

7. Indeed, while limits on the ICC’s jurisdiction mean that it cannot presently act with regard to some of the dire crises of the day in states that are not parties, by acting where it can, the ICC reinforces the demand for justice far beyond its own cases.

8. A strong and effective ICC has the potential to send a powerful message about the international community’s commitment to accountability, a message that will be heard by both victims and perpetrators. Equally, a strong and effective ICC demonstrates the international community’s commitment to the rule of law.

9. A strong and effective ICC can also act as a catalyst for other justice efforts, expanding the reach of accountability. These could include serious cases of corruption by state actors that severely compromise the development efforts of countries and throw citizens into greater poverty. These could also include cases of illicit financial flows where countries are complicit and obstruct repatriation of stolen assets. As the African Union Champion on Anti-corruption, these are issues dear to my heart.

10. The Rome Statute created more than a court; it created the outline for a system of justice for horrific crimes rooted first in national courts doing their job, and where they fail to do so, the ICC stepping in only as “the court of the last resort”

11. The ICC also needs increased cooperation and financial resources from its member states. State parties should express their commitment to increasing efforts in these areas, including pledging concrete assistance.

12. The twenty years of the Court’s existence have witnessed several challenges, some of which had threatened the very existence of the Court itself. Most notable were the withdrawals and threats of withdrawals of membership of the Court by some States, as well as accusations of bias in the exercise of the jurisdiction of the Court. Thankfully, the Court has addressed these challenges in a dignified and commendable way.

13. Nonetheless, the Court needs to take on board all constructive criticisms and allay lingering fears and concern through targeted messaging, awareness raising and possible modification of some legal provisions. If properly articulated, communication and awareness raising would surely engender trust and encourage greater cooperation of Member States with the Court and even encourage non – Member States to decide to become Members. It must avoid even a hint of bias or political motivations.

14. The goals and responsibilities of the Court are no doubt very challenging and daunting but with the cooperation of all, coupled with the high calibre of Judges and staff of the Court, the challenges are not insurmountable. I, therefore, urge all States not to politicize the decisions of the Court but to always bear in mind the rationale for the establishment of the Court in the first place.

15. I urge all States that have not yet done so to, as a matter of deliberate State policy, accede to the Rome Statute of the International Criminal Court so that it can become a universal treaty.

16. Nigeria has cooperated with, and supported the Court at all times. This, we have demonstrated by our full and transparent cooperation on matters on which we are being investigated and also in our several Country statements at the sessions of the Court. Our cooperation with the Court is borne out of our strong belief in the respect for the rule of law and human rights, and in our firm commitment to the sanctity of fundamental freedoms at international and domestic levels, as ingrained in the objectives for establishing the Court.

17. In conclusion, let me intimate you that Nigeria is preparing to conduct general elections in 2019. Contrary to the tragic incidents that characterized the 2011 general elections in Nigeria which necessitated preliminary investigations by the International Criminal Court, I assure you that all hands are on deck to prevent any recurrence of such tragic incidents. We shall do everything possible to ensure that Nigeria witnesses the conduct of free, fair and peaceful elections in 2019.

18. Again, I congratulate the Court on its 20th Anniversary and wish it continued growth, relevance and success in the years to come in its vital role as a bulwark against man’s inhumanity to man.

Thank you for your attention.

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Former Abia Gov. Orji Kalu re-arraigned for alleged N7.65bn fraud

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Former Abia state Governor, Orji Kalu was on Tuesday re-arraigned by the Economic and Financial Crimes Commission for an alleged fraud of N7.65bn.

The anti-graft agency, re-arraigned Kalu alongside his company, Slok Nigeria Limited, and Ude Udeogu, who served under him as the Director of Finance and Account, Abia State Government House.

The re-arraignment of the defendants before the Federal High Court in Lagos on Tuesday followed an amendment to the charges filed against them 11 years ago.

With the amendment, the prosecution increased the number of charges against the defendants from the initial 34 to 39.

The amount quoted to have been allegedly diverted, stolen and laundered by the defendants was also increased from N2.9bn to N7.65bn.

The prosecuting counsel for the EFCC, Mr. Rotimi Jacobs (SAN), said the amendment to the charges became necessary in view of new facts revealed by some of the19 witnesses who had testified against Kalu and his co-defendants in court.

On Tuesday, the trial judge, Justice Mohammed Idris, dismissed the objection raised by the defence counsel to the amended charge sheet, paving the way for the re-arraignment of the defendants.

In one of the counts, the EFCC alleged that Kalu, who was Abia State Governor between 1999 and 2007, “did procure Slok Nigeria Limited — a company solely owned by you and members of your family — to retain in its account, domiciled with the then Inland Bank Plc, Apapa branch, Lagos, an aggregate sum of N7,197,871,208.7 on your behalf.”

The prosecution claimed that the N7.1bn “formed part of the funds illegally derived from the treasury of the Abia State Government and which was converted into several bank drafts before they were paid into the said company’s account.”

The prosecuting counsel, Jacobs, said the ex-governor violated Section 17(c) of the Money Laundering (Prohibition) Act, 2004, and was liable to be punished under Section 16 of the same Act.

Apart from the N7.1bn, which he was accused of laundering, the ex-governor and the other defendants were also accused of receiving a total of N460m allegedly stolen from the Abia State Government treasury between July and December 2002.

The prosecutor said they breached Section 427 of the Criminal Code Act, Cap 77, Laws of the Federation of Nigeria, 1990.

On their part, Udeogu, Slok Nigeria Limited, one Emeka Abone, said to be at large, and another fellow, Michael Udo, also at large, were accused of collaborating with Kalu to conceal the “genuine origin” of allegedly stolen funds.

The EFCC said they are liable to be punished under Section 14(1)(b) of the Money Laundering (Prohibition) Act, 2004.

When the charges were read to Kalu, Udeogu and Slok Nigeria Limited, however, they pleaded not guilty as they had done during their previous arraignments.

At the request of their lawyers, Justice Idris allowed them to continue with the bail granted them 11 years ago when they were first arraigned.

Meanwhile, the defence counsel – Messrs Gordy Uche, Solo Akuma and K.C. Nwofor, all Senior Advocates of Nigeria – called the court’s attention to the no-case submissions they had filed on behalf of their clients since May when the prosecution closed its case after calling a total of 19 witnesses to prove the charges.

They also informed the court that they had each been served with a 126-page written address by the prosecutor in response to the no-case submissions.

They pleaded with the court for a short adjournment to enable them to file a reply to the 126-page document and return to court to adopt same.

Justice Idris granted the prayer and adjourned till July 25, 2018 for further proceedings.

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Thomas Markle is talking to the press again

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Thomas Markle is talking to the press again, telling The Sun that Meghan looks “terrified” during outings with her new husband and the rest of the royal family.Her estranged father claimed his daughter appears to be faking happiness to appease her new royal family.

“My thing about my daughter right now is that I think she is terrified. I see it in her eyes, I see it in her face and I see it in her smile … I’ve seen her smile for years. I know her smile. I don’t like the one I’m seeing now.”
Thomas Markle is talking to the press again

He continues, “This one isn’t even a stage smile—this is a pained smile. That might be just having a couple of bad days. I don’t know. It really worries me. I think she’s under too much pressure. There’s a high price to pay to be married to that family.”

Following his comments about Meghan’s emotional state, Thomas added his thoughts on the royal family’s fashion choices, which he says is “like something out of an old movie.”
Thomas Markle is talking to the press again

It’s unclear how much Thomas was paid for this recent interview, but before Harry and Meghan’s wedding on May 19 he made thousands of dollars for staging paparazzi photos of himself trying on a suit and researching the royal family in an internet café to learn more about his daughter’s soon to be in-laws.
Thomas Markle is talking to the press again!

Remember when Thomas Markle caused an unnecessary amount of drama for his daughter, Meghan Markle, 48 hours before her wedding to Prince Harry. He told TMZ that he will no longer be attending the wedding at all “because he doesn’t want to embarrass the royal family or his daughter.” Before all of this information became public, he suffered a heart attack and checked himself out of the hospital early just so he could be there for Meghan.

Keep in mind that Meghan hasn’t had the best relationship with her father over the years, and is much closer to her mother, Doria Ragland.

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Tension heightens as Imo Assembly officially serves Madumere impeachment notice

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Tension heightens in Imo, as the State House of Assembly has officially served impeachment notice on the deputy governor of the state, Eze Madumere.

The impeachment notice, which was served on the deputy governor through a substituted means (newspaper publications) on Tuesday in Owerri was signed by the Speaker, Acho Ihim; and and 13 other lawmakers.

Newsmen visited the office of the deputy governor on Tuesday afternoon, the notice of “gross misconduct” was pasted at the entrance to his office.

According to reports, hundreds of the deputy governor’s supporters took to the major roads in the state capital on Tuesday to protest the impeachment proceedings.

Other lawmakers who signed the impeachment notice are: Ugonna Ozuruigbo (Nwangele); Chinedu Offor (Onuimo); Ikechukwu Amuka (Ideato South ); Lawrence Duruji (Ehime Mbano); Uche Ejiogu (Ihittte Uboma); Henry Ezediaro (Oguta); Maxwell Odunze(Orlu) and Lloyd Chukwuemeka (Owerri North).

Others are: Chika Madumere (Nkwerre); Uju Onwudiwe (Njaba); Nogozi Obiefule (Isu); Victor Onyewuchi (Owerri West); and Arthur Egwim (Ideato North).

The impeachment notice was titled, “Notice of gross misconduct,” and it outlined the alleged misconduct and addressed to Madumere.

The notice of service, the Speaker said, was in pursuant of Section 188(2)(b) of the 1999 constitution.

It reads in part: “Take notice that pursuant to Section 188(2)(b) of the 1999 constitution, I Right Honourable Acho Ihim, Speaker of the House of Assembly, Imo State of Nigeria, do hereby serve upon you Prince Eze Madumere, Deputy Governor, Imo State of Nigeria, the notice of misconduct, duly issued under the hand of not less than one-third of the members of the Imo State House of Assembly.”

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Breaking : Saraki arrives Ilorin breaks silence on his next political move

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Senate president Dr. Abubakar Bukola Saraki has confirmed to the journalists that it is not yet time for him to declare his presidential ambition ahead of 2019 general election.

Senator Bukola said this on his arrival at International Airport ilorin where mammoth crowd troops out to welcome him on his first home coming after the Supreme Court Judgement that vindicated him.

According to him” my coming home is to appreciate my people for stood by me all through the trial period of Code of conduct tribunal and various court cases”

“It was a very though years for me and they supported me spiritually and physically. Our Royal fathers, leaders and supporters. We are happy for the fact that the truth prevail at the end”

On his next political move he has this to say “ A time will come for that, I urged my supporters not to be in hurry, I will definitely tell them when it is time” he said.

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Lamido defies Atiku on home front, urges Adamawa delegates to reject him

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  • Says Buhari lacks moral stand to honor Abiola

The former Jigawa State governor, Sule Lamido stormed Yola, Adamawa state on Tuesday to canvas the support of PDP delegates ahead of the party’s primary election.

Lamido took a swipe at the former Vice President Atiku Abubakar and other leaders who deserted the PDP during it’s trying times, stressing that delegates should narrow on credible aspirants who have shown diehard commitment to the party.

He charged the delegates to look way from politicians who are wont to abandon their party during heated times, saying “they don’t deserve our party’s platform to vie for any political office”, alluding to Atiku.

“Our party, was vilified, demonized and even some of our senior party members who became governors, senators, vice President and even president under the PDP, played to the  gallery and ditched our party”, Lamido recounted.

On the posthumous National Honor bestored on the aclaimed winner of June 12 election, late MKO Abiola, Sule Lamido lambasted President Mohammadu Buhari, describing him as an “abator” to scuttling June 12″.

Lambasting further, the presidential aspirant said APC has failed to deliver on its campaign promises. And cited insecurity and terror killings in the country as reasons to vote out the APC

“Nigeria has been reduced to a thriving abbartoir where killings are now taking place on a daily basis;

“Nigerians are being killed in their scores, in Adamawa, Taraba, Plateau, Zamfara, Birnin Gwari (Kaduna), etc;

“We have become a divided people, and the current government doesn’t even seem to bother that it’s divisive misrule is tearing us apart;

“This is certainly not the Nigeria of our founding fathers who shuttled to and from London to emancipate us, and it is not the Nigeria of our dream, when we came up with the PDP”, he avarred.

He therefore counseled eligible voters in the country to consider their ballots as potent tools of effecting changes that will better their lot.

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2019: Group canvass 40million votes for Buhari

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BUHARI Osinbajo Dynamic support group has reiterated its commitment and readiness to mobilize 40 million votes for Buhari/ Osinbajo campaing team ahead of the forth coming general election in 2019.

The North East Coordinator of the group, Alhaji Musa Ahmad Azare stated this yesterday while speaking with journalists in Azare Headquarters of Katagum Local Government area.

He stated that already the group has received the assurance of over 20 million voters across the country, hence their decision to organize a rally in Azare with the aim of sensitizing Buhari supporters who have Permanent Voters Card, PVC, to vote for PMB and to encourage eligible voters and supporters of the president who are yet to register to do so before the expiration of the date stipulated by the electoral body to suspend the registration and also to hold special reception to the North East Coordinator for his appointment as the Zonal Coordinator of the group.

He explained that initially they intended to hold the event last Saturday 7th July 2018 but Police didn’t allow them , they shifted to last Saturday 14thJuly 2018 still despite attendance of supporters from the entire North East and National officers of the group they were not allow to do the rally by the Police.

He said President Buhari deserved the votes of all eligible voters in the entire Northeast sub-region because of his love and commitment towards solving the socio economic and security challenges in the region, especially by through his war against insurgency.

He pointed out that because of his love to the people of the region he has accepted the establishment of the North East Development Commission hence the need to support him and ensure the takeoff of the commission in other to heal all the woes created by the insurgency problems in the region.

“Buhari has supported the youths since he was elected and we believe in the vision and mission of the president for the transformation of the country is a clear pointer that the president is the only person with the integrity to do so”’.

Ahmed Azare commended President Buhari for signing not too young to run bill which is his love and committed interest he has on youth development, saying the “president too is endeared in the hearts of youths that is the reason why you have seen this mammoth crowd in Azare today.

“We want to advise electorates not to allow politicians to use them or use their ward and children as political thugs but warned them to shun any form of money Politics ahead of the election.”

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2019 elections and national interest will Nigeria survive?

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“If liberty and equality, as is taught by some,

are chiefly to be found in democracy, they will be best attained

when all persons alike share in the government to the utmost”.

ARISTOLE (384-322 B.C) Politics 

When the groundswell of pusillanimous tergiversation and the recherche of culpable taciturnity becomes the mantra in any nation in the face of depraved political demagoguery, social skulduggery and judicial rascality, it precipitates all-embracing developmental dis-articulation. Every society and nation that wants to make palpably tangible growth and progress must ensure that it is super strutted on the pedestal of unity, self-abnegation, people-driven ideas and patriotism. But when a nation is encapsulated in the throes and keels of negative ethnicism, regional affiliation, Neanderthal sentiments, corruption, leadership inertia, solipsism, nepotistic proclivities and godfatherism, etc. it is singing its own nunc demitis.

Nigeria is a nation formed as result of the agglomeration of different heterogeneous groups of people. It is a cockpit of multiculturalism and the melting pot of ethno-linguistic, political, historical and religious pluralism. Since the 1914 Lugardian albatross that led to the amalgamation of the Northern and Southern protectorates, Nigeria has been and is still orchestrating and fine-tuning governing formulas that will truly take the Nigerian nation to the Et dorado of socio-economic and political greatness. The political engineering process has taken us through over ten constitutions and periods of military interregnum.

Nigeria is a nation where political, socio-economic, educational and historical policies are defined along the primordial contours of ethnicism and corruption etc. Ethnicism is the pathological and psychotic belief in the values, supremacy, characteristics and norms of one’s ethnic group. It degenerates overtime to ethnocentricity-a process whereby an ethnic group uses its own value system to assess the culture and values of different groups, the result of which is often the misunderstanding, dominance and misrepresentation of the culture of other groups.

The late great sage and political colossus chief Obafemi Awolowo once said “I will first be a Yoruba man, before being a Nigerian” .The legal Luminary Afe Babalola re-echoed the same sentiments a few years ago on a television programme and great Nigerians like late. Chief Emeka Odumegwu Ojukwu, the late Oba of Benin, the late Orodje of Okpe, the late Olu of Warri, the late Mukoro Mowoe, the late Obong of Calabar, the late Emir of kano, the late Tafawa Balewa and the late Ahmadu Bello spoke and conducted themselves in the same vein of ethnicism and ethnocentricity.

We are not saying that displaying love, interest and passion for one’s ethnic group is completely wrong, neither are we saying that showing concern for ones culture and religious interest smacks of clogging the dynamic engine of development and unity. We are saying that when ethnicism is put to negative use to project and propagate parochial élan above national interest, it becomes deprogressivistic and mundane. The vast majority of Nigerians claim to belong to their tribe, village, town, wards, local government and state before being Nigerians. This is correct, but to what extent, can it be sustained vis-a –vis the national interest?

In Nigeria, elected leaders owe their first responsibility to their constituencies, villages, towns, local governments, ward, etc. This is superficially correct because they are answerable to those who elected them. But who are those answerable to the Nigerian people who have no constituencies by virtue of the fact that the systemic Machiavellianism that is operative does not take due cognizance of their existence. That is why leaders, especially some state governors have decided to develop their own villages, relations and friends to the detriment of the totality of the state.  The inability to draw a line of how ethnicism, should not be used to scuttle national and generic interest remains the greatest clog to our national development.

Ethnicism has been glorified as the fundamental objective and directive principle of state policy in Nigeria. It is masqueraded as federalism, patriotism, regionalism and consummate political formula, hence in our bid to balance the leadership pendulum we have resorted to geo-politicizing the political, social-economic and educational landscape. We have for the purpose of sharing power the six geo-political zones which politicians intend to use in sharing power amongst themselves, that is, political syndicalism, individualism and power cartelism. But can it ever work in the midst of ethnocentric, greed and corruption. The exclusion of ethnic religious format from the census format must be commended. The geo-political zones are south-south, made up of Akwa-Ibom, Delta, Edo, Cross River, Rivers and Bayelsa states. The South-East made up of Anambra, Abia, Ebonyi, Imo and Enugu states. The South –West geo-political zones is made up of Lagos, Ondo, Oshun, Oyo and Ekiti states. The North-Central geo-political zone is made up of Jigawa, Kaduna, Kano, Kebbi, Sokoto, Zamfara and Katsina state etc.

But the political algebra and socio-economic calculus shows is  that one arm of the so-called geo- political zone will continue to dominate the administrative hierarchy in Nigeria , hence the  continuous clamour for power shift in Nigeria? The administrative convenience that we seek will continue to remain an illusive variable and mirage as long as negative ethnicism continues to remain the fundamental mantra of Nigeria’s political class.

Let our leaders and the citizens begin to see Nigeria as a nation of one people with one interest that our all-embracing cardinal focus should be our National interest and let it taper down constructively to other areas and not the reverse trend. Let our leaders in every stratum of  government begin to see our National interest first and back it up with the accoutrements of patriotism, altruism, Benthamism and Aristotellianism- which is, the pursuit of the greatest good for the largest number. The essayist John Locke calls the National interest the “common good” while Rousseau describes it as the “general will” but the wickedly greedy political class, equates national interest with their own interest. This must stop. We have to re-invent, remodel and re-negotiate our enthnicism and ethnocentricy in Nigeria to reflect our collective national interest. In his book Maid of Orleans, the writer SCHILLER (1759-1805) said “The nation is worthless which does not joyfully stake everything in defence of her honour” and this is corroborated by George Washington (1732-1799) in his Letter to Congress in 1778 he said “It is a maxim founded on the universal experience of mankind that no nation is to be trusted farther than it is bound by its interest”.

Recently, one of their own and occupier of the hierarchical echelon of the Peoples Democratic Party, Chief Tony Anenih admonished the political class thus “I want to caution, in particular, all of us in the political terrain to be wary of undermining our sacred opportunities in pursuit of our petty and transient ambitions. This country is greater than all of us and its resources are vast enough for everyone. We should therefore eschew destructive politics and embrace the virtue of selfless service, without which our people will, in large numbers, be perpetually excluded from the benefits of their citizenship. It is only through dedicated service to the people that we as politicians, can respond positively to our calling” we hope the political class and elites are listening.

The political brou-haha, social entropy and religious antagonisms reflected in Ekiti State, Ondo State, Oyo State, North Eastern Nigeria etc. are great pointers to the fact that Nigeria is standing at the precipitous epicenter of political annihilation. We admonish that this will precipitate the great cocooning of Nigeria in throes of the esplanade of Yugoslavia and the commencement of the count down to the Nigerian revolution and its ultimate dismemberment. The essayist Alexander Pope observed that “Let the ends of things disjoin, it is the whole world that suffers”.

The political history of Yemen, Ethiopia, Sudan, Yugoslavia, Czechoslovakia, the Soviet Union and Libya etc. are glaring cases in history that Nigeria as a nation should learn from. They are unmistakable exemplifications of nations that became divided and plunged into political, socio-economic imbroglio because of their sanguinary proclivities and heedlessness to the shrill voice of political restrain and wisdom. The English playwright William Shakespeare observed that “Mischief thou arth afoot. Take what course thy willeth”. WILL NIGERIA SURVIVE THE 2019 ELECTIONS?

Finally, as we approach to 2019 elections, we call on the political elite, the Nigerian Government, politicians, the PDP, APC, APGA, UPN, LP and the Nigerian people to develop an attitudinal re-orientation towards the Nigerian nation, elections and what leadership is all about. Let us down-play the mundane sentiments of ethnicism and begin to look at other civilized standards of picking our leaders. Let us imbibe political cosmopolitanism, commitment, passion to serve, honesty, track records of patriotism, the verve of National interest and submission to our national interest to be our leading light. We have fought a civil war in climbing towards the heights of national development and another civil war will take us to the political purgatory and socio-economic limbo of tsunami proportion. Let us begin to think of what we can do to concretize the bases of Nigeria’s greatness and national cohesion and not how to destroy our dear Father Land. WILL NIGERIA SURVIVE THE 2019 ELECTIONS?

CHIEF BOBSON GBINIJE

MANDATE AGAINST POVERTY (MAP)

WARRI, 08023250378          

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CBN sustains forex intervention, injects fresh $210m

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Central Bank of Nigeria CBN, said it injected the sum of $210 million into the inter-bank foreign exchange forex market. This was made known in a statement yesterday by the apex bank.

The Bank offered $100million to authorized dealers in the wholesale segment of the market, while the Small and Medium Enterprises SMEs segment got the sum of $55 million, just as $55 million was also allocated for invisibles such as tuition fees, medical payments and Basic Travel allowance BTA.

In a statement, the Bank’s Acting Director of Corporate Communications Department, Mr. Isaac Okorafor confirmed the figures and restated the apex bank resolve to continue to intervene in the interbank foreign exchange market, in line with its pledge to sustain liquidity in the market and maintain stability.

Mr. Okorafor maintained that the continued forex intervention is to ensure that the Bank meets genuine customers’ requests in various segments of the market.

It will be recalled that last Tuesday, July 10, 2018, the CBN intervened to the tune of $210 million, to cater for requests in the wholesale segment of the market.

Meanwhile, the naira continued to exchange at an average of N360/$1 in the Bureau De Change BDC segment of the market on Tuesday, July 17, 2018.

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Sacked spy policemen protest disrupt operations in ExxonMobil

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ĪProtests by more than 840 ExxonMobil spy policemen who were laid off their jobs have disrupted operations at the Qua Iboe Terminal (QIT), complex of ExxonMobil at Ibeno local council of Akwa Ibom yesterday.

The protesters were drumming and chatting solidarity songs denied some staff and contractors of the company access to the company’s premises while coffins were placed at the various entrances to the facility.

They also blocked ExxonMobil facilities such as Guest Houses ,Hotels, Mobil Housing Estates, Airstrips and Qua Iboe Terminal, Ibeno their operational base in Akwa Ibom.

The protesters carried placards with inscription such as “ExxonMobil return us back to work and comply with the Supreme Court Judgement”,”ExxonMobil stop divide and rule system, meet with our lawyers and representatives”, ExxonMobil stop furnishing government with your usual lies and propaganda”.
Other inscriptions include “ExxonMobil supreme court judgement must prevail”, “Ducks on strike, demand: we want teeth and not feather”, “ExxonMobil implement the supreme court judgement pay 860 employees”, “ExxonMobil must obey Supreme Court Judgement”.

Spokesperson for the protesters, Mr Godwin Ndem, called on ExxonMobil to comply with the Supreme Court judgement of April 20 and pay them their entitlements based on the numbers of years of service to the company.

“We have been maltreated for so many years, we have been underpaid, our welfare was not taken care of, one of our managers says if we have a case to settle and if we can not settle we should go to court “We have been in the court for 15 years, we have gotten judgement in supreme court in our favour, luckily for us April 20th, supreme court gave us a judgment and confirmed us to be their staff.

“And that they should pay us all our entitlements for the numbers of the years we have put in the company, so on Friday 13, the company called us for a meeting since we have gotten judgement they have never addressed us. “They played a trick to pull us from all their establishment. We had asked them how you can take security off their duty posts and even in control room without anybody in the office.” He said.

Ndem pointed out that it was during one of their meetings last week, that the company sent a letter of disengagement to all the spy policemen via mail. “We want them to comply with the Supreme court judgement that is why we are carrying out a peace protest to get our entitlements.” Ndem said.

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CSR: Ecobank donates water facility to Abesan Primary School

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ECOBANK Nigeria has donated an ultra-modern, multi-million naira water facility project to Abesan Primary School, Alimosho Local Government Area in Lagos State being part of the bank’s corporate social responsibility (CSR) engagements in host communities. The project include a borehole, scaffolding water reservoir of 2000 litres; 14 taps points with pumping machines; generating set as source of alternate power supply; 6-room modern toilets facility and renovation of part of the school fence.

Handing over the facilities to the Management of the school, Business Head, Commercial Banking and Public Sector, Ecobank Nigeria, Rotimi Morohunfola, said the execution of the projects is part of “Ecobank Day” – a day set aside by the bank to reaching out to the communities where the it operates as part of its CSR initiative. According to him, this year’s programme is dedicated to promoting safe water for healthy living.

Mr Morohunfola said Ecobank believes in making a change in the lives of people within the communities where it does business in order to improve health and to foster economic growth. “We share the view that access to clean, safe drinkable and usable water should not be difficult. We understand the importance of water and its ability to soothe, rejuvenate, and heal,” he said.

Further, Mr. Morohunfola disclosed that the bank was involved in various CSR projects in different schools across the country of which Abesan Primary School is one. “This is part of a commitment by the Ecobank Group to promoting a conducive environment for learning in schools across Africa. Ecobank has a promise to support initiatives and partner in projects that impact and touch peoples’ lives.”

Earlier, the Education Secretary, Alimosho Local Government Authourity, Hon. Airat Mojirade Alamu commended Ecobank for providing the borehole facility to the school. She stressed that the initiative strengthens community, private and public involvement and participation in the school development programme of the Lagos State government.

“we are optimistic that the projects would go a long way to improving the life of both the learners and staff of the school. I urge other corporate organizations to emulate Ecobank by supporting the improvement of the standard and infrastructure of education in the country. The government cannot do it alone. I will therefore employ the managers in the school complex to cooperate to ensure the project serve the purpose for which it is being erected.” She said.

Also speaking, the Head Teacher, Abesan Primary School, Mrs. Fatuase Ruth Abiodun thanked Ecobank for choosing the school for the project. She asserted that they will put the facility to good use, while also requesting the banks to continuously partner with them.

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Equities market maintains downtrend as NSEASI dips further by -0.81%

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NIGERIAN equities market closed on a negative note yesterday as NSEASI depreciated by -0.81% to close at 36,963.70 basis points as against -0.34% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -3.35%.

Market breadth closed negative as Sovereign Trust Insurance led 14 Gainers as against 31 Losers topped by Julius Berger at the end of yesterday’s session- an Improved performance when compared with previous outlook.

Market turnover closes negative as volume moved down by -32.84% as against +42.56% uptick recorded in the previous session. Transcorp, Access Bank and Zenith Bank were the most active to boost market turnover. GTB and Zenith Bank topped market value list.

OKomu Oil leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

It was another tough trading session Monday on as the All-Share index again closed negative on a higher volume traded, when compared to previous day’s, reversing the gain recorded, the first after three sessions of back-to-back losses.

The day started out with a little gap down in the morning which extended into mid-morning till midday on a pullback, touching intraday lows of 37,215.81 basis points from the highs of 37,392.77bps, before retracing up marginally by afternoon to close the session at 37,266.86bps in a 4-wave decline.

The Q2 earnings season kicked off effectively during the trading session, with Transcorp releasing an impressive half-year result with three-digit growth, beating market expectation. Surprisingly however, the market reacted immediately as its share price, unlike in the past, touched intraday high of N1.35, before closing down at N1.26 which was above its N1.23 opening price. This performance is a good way to jumpstart the earnings reporting season.

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