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Buhari Escapes Attack At Argungu Festival [Video]

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President Muhammadu Buhari on Thursday escaped what looked like an attempt to attack him in Argungu, Kebbi State.

As seen in the video making rounds on Twitter, which was posted by @segalink, the President posed for a picture session with the Kebbi State governor, Abubakar Atiku Bagudu and other dignitaries.

However, a man suddenly bombed into the session and headed straight for the President.

A quick intervention of the security operatives present who moved quickly and apprehended the man, however, saved the day.

Naija News reports the President was in Kebbi State for the Argungu Agricultural and Fishing Festival which was been held for the first time after about 11 years of suspension.

See the Video below..

https://youtu.be/4nqVvGJlXe0

 

BREAKING: Igbere TV Boss Abducted In Abuja

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The publisher and Editor-in-chief Igbere TV, James Emeh Anyalekwachi has been abducted in a Gestapo style in Abuja by unknown gunmen.

The ugly incident took place at about 7pm on Thursday around the Kubwa area of Federal Capital Territory.

The victim’s younger brother confirmed the incident to ABN TV.

All efforts to establish contact with the abductors proved abortive as at the time of filing this report.

A judge of the Federal High Court sitting in Abuja, Justice Okon Abang had recently ordered the Police, EFCC, DSS and other security agencies to arrest Mr. Anyalekwachi over an unsavory report.

Mr. Anyalekwachi is also the president Online Media Practitioners Association of Nigeria (OMPAN).

More details shortly….

APC Removes Oshiomhole’s Pictures, Banners At Party Secretariat In Abuja [Photos]

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Banners displaying the pictures of the embattled chairman of the All Progressive Congress, APC, Comrade Adams Oshiomhole at the party secretariat in Abuja, have been removed.

Before

The billboard with the picture of President Muhammadu Buhari and Oshiomhole, at the entrance of the party secretariat has also been replaced.

Present

It was replaced on Wednesday night with a billboard displaying only the picture of Buhari.

 

BREAKING: UEFA Postpones Man City-Real Madrid, Juve-Lyon

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Union of European Football Associations, UEFA, on Thursday announced postponement of the second leg Round of 16 Champion League ties between Manchester City and Real Madrid billed for Etihad stadium in Manchester.

It also postponed the Juventus versus Lyon match slated for Turin, Italy.

The football body said the postponement was due to outbreak of coronavirus in Europe with Juventus defender Daniele Rugain and a Real Madrid basketball player confirmed positive to the virus.

Already, all Serie A matches have been called off while La Liga announced a two-week break to stem the tide of the ravaging virus.

Details shortly…

Orji Kalu’s Ordeal Politically Motivated – North American Intelligence Agency, EU Commissioner

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A North American Intelligence Agency has frowned at the incarceration of the Chief Whip of the Senate, Senator Orji Uzor Kalu, describing his ordeal as “Politically motivated.”

A revered source in the agency who craved anonymity because he is not authorised to speak on the matter said Kalu remains a respected figure globally, especially within the political and business circles, and has been in the fore front of the fight against corruption in sub-Saharan Africa.

According to the source : “We have received many highly classified intelligence from Kalu, exposing corruption in several African countries in the past, which makes the charges against him questionable.”

“Since the beginning of Kalu’s ordeal, we have embarked on thorough investigation to ascertain the level of his culpability, but our findings so far show that his imprisonment is politically motivated”.

“Kalu remains a prominent figure and we have gathered that there are plans to annihilate certain parts of the country from the country’s presidency and this is unacceptable”, he said.

The agency has however opened correspondence with Nigerian authorities on the matter, and we’re hoping the right thing will be done” our source concluded.

Recall that the Former Governor of Abia State, and Senate Chief Whip was recently found guilty of N7.56bn fraud by a Federal High Court sitting in Lagos, and sentenced to 12 years imprisonment by the presiding Judge, Justice Mohammed Idris.

However, many pundits and political analysts have described his imprisonment as a plot by powerful political interests to frustrate him and Ndigbo ahead of the 2023 presidential race.

Kalu is one of the strongest voices in the South East who has been campaigning against the continued marginalization of Nigeria’s South East in the political equations of the country.

In the same vein, a European Union commissioner (Name withheld) has commended Kalu for the great feat he achieved for his home state of Abia and Africa generally.

The EU Commissioner, who is a personal friend of Kalu, said the former governor is loved because he is not just a politician but a renowned philanthropist whose work is enviable across all regions of the country.

He said: “I have known Kalu for many years, and his good works and passion for the people speak volumes. He is a giver and a man with compassion.”

We have partnered with him through the Orji Kalu Foundation for several humanitarian services, many of which are still running.”

“I have no doubt of his innocence in the charges and strongly believe he will come out better and stronger to serve his people“.

Suspension: Appeal Court To Hear Oshimhole On Monday

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The Court of Appeal in Abuja has scheduled hearing for Monday (March 16) in the appeal by the National Chairman, Adams Oshiomhole against his suspension.

Oshiomhole is, by his appeal, seeking among others, the reversal of his suspension by a High Court of the Federal Capital Territory (FCT).

Justice Danlami Senchi, in an interlocutory ruling last Wednesday, ordered among others, that Oshiomhole should desist from parading himself as the APC Chairman.

The Nation learnt on Thursday that the Court of Appeal’s Registry communicated the hearing date to parties via hearing notices sent to them earlier this week.

Oshiomhole, in his appeal, raised four grounds on which he is challenging the ruling by Justice Senchi.

He argued that the judge erred in law and arrived at a wrong conclusion which occasioned a miscarriage of justice when the court placed him on suspension at an interlocutory stage of a suit instituted against him by some aggrieved members of the party.

Oshiomhole also argued that the High Court further erred in law when it decided that he, in the performance of his duties as APC National Chairman, would interfere in the court action filed against him by the aggrieved members.

He argued that the issue of duties as APC National Chairman is a matter which arose from substantive issues for determination and claim and ought not to have been determined at the interlocutory stage of the main matter.
Oshiomhole claimed that the trial judge erred in law and arrived at a wrong conclusion which occasioned a miscarriage when after ordering the filing of pleadings and immediately set down motion for interlocutory injunction for hearing in the absence of pleadings.

He further faulted the suspension order against him on the grounds that the trial court determined the motion for interlocutory injunction without recourse to triable issues which ought to have been discerned from pleadings.

Respondents in the appeal are: APC National Vice Chairman (Northeast) Mustapha Saliu, Edo State APC Chairman, Honourable Anselm Ojezua, Alhaji Sani Gomna, Mr Oshawo Stephen, Mr. Fani Wabulari and Mr. Princewill Ejogharado.

Others are the Inspector General of Police and the State Security Service.

Sampdoria Striker, Manolo Gaddiandini Tests Positive To Coronavirus

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Sampodoria have announced its striker Manolo Gaddiandini has tested positive to ravaging coronavirus (COVID 19).

He becomes the second player in Serie A after Juventus defender Daniele Rugani acquired the virus on Wednesday.

Already, the Juventus squad, including Superstar Cristiano Ronaldo has been quarantined.

Hope Uzodinma Plotting To Arrest PDP Supporters, Ihedioha Cries Out

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Following the panic generated over his planned return to Imo State, former governor of the state, Hon. Emeka Ihedioha has cancelled his scheduled return.

He also accused the state government of hiding under the guise of his return to cause mayhem and arrest his supporters.

The All Progressive Congress (APC) had on Wednesday accused Ihedioha and the People’s Democratic Party of plotting to use his return to carry out another protest against the Supreme Court review judgement as well as visiting mayhem on the state.

In view of that alarm, the State Police Commissioner, Bolaji Fafowora issued a statement warning against any gathering, warning that the ban on protests and rallies was yet to be lifted.

But, in a release issued personally Thursday morning by Ihedioha, the former governor said contrary to what the government wanted the public to believe, the government was planning the arrest and detention of his supporters and visit mayhem on the expected crowd coming to welcome him as well as turn around to stigmatize his party with the toga of violence.

He said the postponement of his return to the state was in line with his non-violence stance because his visit was not worth the life of any citizen of the state.

Ihedioha noted that since the January 14 judgment that ousted him from office, he was yet to visit the State.

He said he was unaware that he had been banished from the State.

He said, “While I have in recent weeks elected to stay away from family and friends in Imo, I am not aware that I have been exiled out of the state”.

According to the former Governor, he had planned to participate in the ongoing Congresses of the People’s Democratic Party (PDP) on Saturday.

He said, “Unfortunately, the statement by the Imo State government, made several spurious allegations, including that I plan to lead violent protests as well as import thugs to perpetrate violence. Nothing could be further from the truth. I am not, and have never been, a violent person. My reputation is that of peace and fair play. I have never propagated or tolerated violence. And I never will.

“On the contrary, I have been informed that the government of Imo State, acting in concert with some rogue elements within the security apparatus, is planning the arrest and detention of many of our supporters and to visit mayhem on the expected large crowd which they anticipate will come out to welcome me back home. By judging me by their own character, their scheme is to stigmatize and garb us in the toga of violence. These are the tendencies of unpopular and illegitimate regimes.

“It is therefore for the foregoing reasons that I have decided to postpone my trip to Owerri so as to frustrate their evil plans and machinations. My visit is not worth the life of any Imo citizen. However, the massive deployment of security personnel by the government as well as thugs cannot deter us and the majority of our people from pursuing our collective vision for a better Imo State”.

He however maintained that as a Nigerian citizen, he has the right to freedom of speech and movement, saying nobody can take that away, even as he disclosed that he will visit the state at a later date which according to him will be very soon.

Dangote Loses N240b In 5 Hours To Coronavirus

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Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange.

The World Health Organisation (WHO) on Wednesday declared coronavirus a pandemic.

A pandemic is a disease that is spreading in multiple countries around the world at the same time.

Some of Dangote’s firms under the parent-company, Dangote Group, suffered big losses at the market.

Investors have suffered a total of N1.41 trillion loss in the last three days to the pandemic which is wreaking havoc across the world.

Benchmark equities indices indicated an average decline of 3.4 per cent on Weednesday, which is equivalent to net capital depreciation of N426 billion. The equities lost N985 billion between Monday and Tuesday.

Dangote Cement Plc, the flagship of Dangote Industries Limited (DIL), led the decline with the maximum daily allowable drop of 10 per cent or N17, which is equivalent to net depreciation of N289.68 billion. Dangote Cement is Nigeria’s most capitalised quoted company and accounts for more than 20 per cent of the total market capitalisation.

Two other members of the Dangote Group, Dangote Sugar Refinery (DSR) Plc and NASCON Allied Industries Plc lost N1.8 billion and N3.05 billion. Dangote Cement’s share price dropped by N17 from N170 to close at N153.  NASCON Allied Industries declined by N1.15 to close at N3.05 while DSR lost 15 kobo to close at N9.75 per share.

Allaying public fears about development in the market, the Association of Securities Dealing Houses of Nigeria (ASHON) assured investors that the market would soon bounce back.

It said the fundamentals of quoted companies remained strong.

ASHON chairman Chief Oyinyechukwu Ezeagu explained that the stock market remained part of the global exchanges and as such any development in the world market would impact on its operations.

Ezeagu said: “The effect of the coronavirus is gradually affecting trading all over the world and whatever happens elsewhere reflects in our market.

“The centre of it all is China and being a major world power both in productive and consumption capacities, any ill wind affecting China would naturally cause a big sneezing to the rest of world.

“Investors should not panic. The share prices will bounce back. The companies’ fundamentals remain strong. Many investors are taking advantage of the bearish run to beef up their portfolios.”

Coronavirus first hit Wuhan in China in December 2019. Over 3000 people have died of the pandemic in the country.

Since then, the pandemic has spread worldwide with countries in Europe mostly affected. About 125,000 cases have been reported worldwide with 4,605 dead. United States (U.S.) has 31 deaths and United Kingdom, eight.

Italy is the worst hit country in Europe with 827 deaths. Over 16 million people have been quarantined there.

France has suspended flights between it and Italy till April 3 because of the pandemic.

In Nigeria, two persons, including an Italian, who is the index case, are in quarantine in Lagos. Six others comprising four children, their teacher and another person are in isolation, according to Commissioner for Health Prof. Akin Abayomi.

At the Nigerian Stock Exchange (NSE), the All Share Index (ASI) – the benchmark value index that tracks all share prices declined from its opening index 24,388.66 points to close at 23,572.75 points.

The aggregate market value of all quoted equities at the NSE dropped from its opening value of N12.710 trillion to close at N12.284 trillion. Average year-to-date return crossed the double-digit -12.2 per cent. The ASI had opened Monday at 26,279.61 points while market capitalisation opened at N13.695 trillion.

All sectoral indices closed negative with the exception of the NSE Insurance Index, which appreciated by 2.2 per cent. The NSE Consumer Goods Index declined by 4.7 per cent. The NSE Industrial Goods Index depreciated by 3.4 per cent. The NSE Banking Index dropped by 2.7 per cent while the NSE Oil and Gas Index dipped by 0.7 per cent.

“We maintain a bearish outlook on the equities market in the next trading session,” Afrinvest Securities stated.

Other top losers included: Nestle Nigeria, with a drop of N101.70 to close at N915.30; Conoil lost N1.60 to close at N14.60 and Zenith Bank dropped by N1 to close at N12.05 while Cadbury Nigeria declined by 65 kobo to close at N6 per share.

On the positive side, Unilever Nigeria rose by N1.05 to close at N11.65. United Bank for Africa rose by 55 kobo to close at N6.20. Vitafoam Nigeria appreciated by 38 kobo to close at N4.45. UAC of Nigeria added 30 kobo to close at N7.50 while FCMB Group chalked up 15 kobo to close at N1.66 per share.

BREAKING: Senate Okays HND As Minimum Qualification For President, Governors

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The Senate, on Thursday, passed for second reading, a constitution amendment bill which prescribes Higher National Diploma or its equivalent as the educational qualification required for anyone seeking to contest the office of the Nigerian President or state governors.

The bill sponsored by a member of the Peoples Democratic Party from Plateau State, Senator Isfifanus Gyang, also prescribes National Diploma or its equivalent as the minimum qualification for federal and state lawmakers,

The bill seeks to alter the Constitution of the Federal Republic of Nigeria to provide for the amendment of Sections 65 (2) (a), and 131 (d).

It will also amend Section 106 (c) and Section 177 (d) on minimum education qualification for those seeking election into the State Assembly, Governor, National Assembly and office of the President.

The bill seeks the alteration of section 65 (2) (a) of the Constitution which deals with the qualifications for intending members of the National Assembly.

The current law, which the bill seeks to amend reads, “A person shall be qualified for election under subsection (1) of this section if he has been educated up to at least School Certificate level or its equivalent.”

Section 65 (2) (a) has now been rephrased to read “if he has been educated to at least a National Diploma level or its equivalent.”

The bill also seeks the alteration of Section 131 (d) which deals with minimum requirements for anyone running for the office of the governor.

The current Section of the Constitution states that the person must have “been educated up to at least School Certificate level or its equivalent”.

Section 131 (d) is now rephrased to read, “He has been educated up to at least HND level or’ its equivalent.”

For House of Assembly, the bill seeks the alteration of section 106 (c) of the Constitution.

According to the existing law, anyone aspiring to be a member of the House of Assembly must have “been educated up to at least the School Certificate level or its equivalent”.

But Section 106 (c) is now rephrased to read, “If he has been educated up to National diploma level or its equivalent.”

The bill seeks the alteration of section 177 (d) of the Constitution for governors.

As it is currently, the Section states that the person must have “been educated up to at least School Certificate level or its equivalent”.

However, Section 177 (d) is now rephrased to read, “If he has been educated up to at least Higher National Diploma Level or its equivalent.”

The President of the Senate, Ahmad Lawan, referred the bill to the Committee on Constitution Review after the senators passed the proposed amendment for second reading.

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