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14032019 -Rowdy session in Senate over elections

Vanguard Newspaper 14 March 2019

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16—Vanguard, THURSDAY, MARCH 14, 2019<br />

HEALTH POLICY: From left— Executive Director, Osun Health Insurance Scheme, Dr. Niyi Og<strong>in</strong>ni;<br />

Osun HNIS coord<strong>in</strong>ator, Ahmed Yahaya; Country Director, Health Policy Plus, Dr. Onoriode Ezire;<br />

General manager, Nigeria Health Insurance Scheme, HNIS, Mrs Idiot Ambilowo; G<strong>over</strong>nor Gboyega<br />

Oyetola; his deputy, Gboyega Alabi and others, dur<strong>in</strong>g a visit by the executives of Health Policy plus of<br />

the United States Agency for International Development, USAID, <strong>in</strong> respect of roll-out of States Social<br />

Health Insurance Scheme, SSHIS to the G<strong>over</strong>nor <strong>in</strong> his office, Abere, Osogbo, yesyerday.<br />

Virtual security: NCC hands <strong>over</strong> ICT<br />

equipment to Nigerian Army<br />

By Emmanuel<br />

Elebeke<br />

ABUJA—THE Nigerian<br />

Communication Commission,<br />

NCC, yesterday,<br />

donated a set of ICT<br />

equipments to the Nigerian<br />

Army Institute of Technology<br />

and Environmental<br />

Studies, Makurdi <strong>in</strong> Abuja<br />

to enhance research.<br />

The items <strong>in</strong>clude 10<br />

laptops, 1 colored laser<br />

pr<strong>in</strong>ter, 2 black and white<br />

Osanebi presents cars to constituents to celebrate<br />

PDP's victory <strong>in</strong> Ndokwa East<br />

By Festus Ahon<br />

ASpeaker SABA—DEPUTY<br />

of the Delta<br />

State House of Assembly, Rt<br />

Hon Friday Osanebi, says<br />

Ndokwa East Local<br />

g<strong>over</strong>nment area is a<br />

traditional territory of the<br />

Peoples Democratic Party,<br />

PDP.<br />

Osanebi stated this while<br />

address<strong>in</strong>g constituents<br />

who trooped to his<br />

residence <strong>in</strong> Beneku<br />

community upon the news<br />

of his declaration and that<br />

of Dr Ifeanyi Okowa as<br />

w<strong>in</strong>ners of the last<br />

Saturday's G<strong>over</strong>norship<br />

and State House of<br />

Edo anti-traffick<strong>in</strong>g task force takes<br />

campaigns to communities<br />

By Alemma Aliu<br />

BENIN CITY—THE<br />

Edo State Taskforce<br />

Aga<strong>in</strong>st Human<br />

Traffick<strong>in</strong>g, ETAHT, has<br />

taken its campaigns to<br />

communities urg<strong>in</strong>g<br />

traditional <strong>in</strong>stitutions to<br />

compliment its efforts <strong>in</strong><br />

ridd<strong>in</strong>g the state of the<br />

menace.<br />

At the palace of Otaru<br />

of Auchi <strong>in</strong> Etsako West<br />

local g<strong>over</strong>nment area,<br />

HRH Alhaji Aliru<br />

Momoh Ikelebe III<br />

chairperson of the task<br />

force, Prof Y<strong>in</strong>ka<br />

Omorogbe said the visit<br />

laserjet pr<strong>in</strong>ters and 1 projector.<br />

Present<strong>in</strong>g the items, the<br />

head of ICT department,<br />

NCC, Engr. Abraham<br />

Oshadame said the<br />

donation was <strong>in</strong> response to<br />

a request made by the<br />

<strong>in</strong>stitute <strong>in</strong> October 2018 <strong>in</strong><br />

which the <strong>in</strong>stitute solicited<br />

for the Commission's<br />

<strong>in</strong>tervention <strong>in</strong> the area of<br />

provision of ICT facilities for<br />

their use.<br />

He said the Commission<br />

Assembly <strong>elections</strong>.<br />

The Deputy Speaker at<br />

the event where he made a<br />

surprise cars gifts to two<br />

Constituents, told party<br />

faithfuls and supporters that<br />

the re-election of Dr Ifeanyi<br />

Okowa for another term of<br />

four years was worthy of<br />

celebration as it was a<br />

reward for diligence and<br />

hard work.<br />

Osanebi commended the<br />

people of Ndokwa East for<br />

believ<strong>in</strong>g <strong>in</strong> cont<strong>in</strong>uity and<br />

good g<strong>over</strong>nance, assur<strong>in</strong>g<br />

that the next four years will<br />

witness greater<br />

development.<br />

"Today, we gather <strong>in</strong><br />

was to "educate, sensitize<br />

and enlighten the people<br />

of Auchi on the dangers<br />

of human traffick<strong>in</strong>g and<br />

irregular migration <strong>in</strong><br />

Edo state."<br />

She said statistics<br />

showed that Auchi<br />

community has lesser<br />

human traffick<strong>in</strong>g cases<br />

than other communities,<br />

but with a high rate of<br />

irregular migrants. It is<br />

important for the youth to<br />

understand the effect of<br />

this perilous journey<br />

than to be deceived by<br />

empty promises.<br />

On his part, Ikelebe III<br />

commended the effort of<br />

is determ<strong>in</strong>ed to assist the<br />

Nigerian army because of<br />

the crucial role they play <strong>in</strong><br />

the security of the nation<br />

and expressed confidence<br />

that the tools would<br />

enhance their performance<br />

go<strong>in</strong>g forward.<br />

" I am delighted to <strong>in</strong>form<br />

you that the Commission<br />

promptly responded to the<br />

request by mak<strong>in</strong>g<br />

donation of the ICT<br />

equipment to the <strong>in</strong>stitute.<br />

"The Commission no<br />

Beneku to celebrate God's<br />

faithfullness <strong>in</strong> the life of the<br />

state. Okowa represents<br />

light and the light shall<br />

cont<strong>in</strong>ue to sh<strong>in</strong>e <strong>in</strong><br />

Ndokwa East. We are all<br />

PDP faithful, friends and<br />

people of same family. It is<br />

our victory because we<br />

voted for a better and<br />

FG to empower 500<br />

women, youths <strong>in</strong> S-East<br />

By V<strong>in</strong>cent<br />

Ujumadu<br />

AWKA—NO fewer than<br />

500 women and youths<br />

from the five states <strong>in</strong> the<br />

the task force to fight<br />

human traffick<strong>in</strong>g and<br />

irregular migration <strong>in</strong><br />

Edo state. He added that<br />

this issue of human<br />

traffick<strong>in</strong>g is not Edo<br />

state issue alone but it’s<br />

a national problem that<br />

the g<strong>over</strong>nment needs to<br />

look <strong>in</strong>to.<br />

At the palace of Ugieneni of<br />

Uzairue also <strong>in</strong> Etsako West,<br />

Omorogbe who is also the Attorney<br />

General and Commissioner<br />

for Justice Edo state said the visit<br />

was to educate,sensitize and enlighten<br />

the people of Uzairue on<br />

the dangers of human traffick<strong>in</strong>g<br />

and irregular migration.<br />

doubt expects that this gesture<br />

will go a long way to<br />

complement the efforts of<br />

the Nigerian army towards<br />

achiev<strong>in</strong>g its mandate and<br />

to further enhance the security<br />

of the country.<br />

"It is our hope that this<br />

donation will.make a difference<br />

on the staff and students<br />

of our <strong>in</strong>strument not only<br />

by improv<strong>in</strong>g their acess to <strong>in</strong>formation<br />

and ICT tools but to develop<strong>in</strong>g<br />

appreciation of ICT for<br />

improved efficient <strong>in</strong> teach<strong>in</strong>g and<br />

learn<strong>in</strong>g <strong>in</strong> various subjects."<br />

greater Ndokwa East. I<br />

congratulate my g<strong>over</strong>nor,<br />

I rejoice with the people of<br />

Ndokwa East. We pray<br />

aga<strong>in</strong>st distractions. Let us<br />

come together as a people<br />

to make our local<br />

g<strong>over</strong>nment area better".<br />

Osanebi said.<br />

South East geopolitical zone<br />

currently undergo<strong>in</strong>g a<br />

week- long skills<br />

acquisition tra<strong>in</strong><strong>in</strong>g<br />

programme <strong>in</strong> Awka are to<br />

be empowered by the<br />

Federal G<strong>over</strong>nment.<br />

The Zonal Intervention for<br />

Constituency Programme,<br />

which is tak<strong>in</strong>g place at the<br />

Senator Uche Ekwunife<br />

Events Center <strong>in</strong> Awka, is<br />

jo<strong>in</strong>tly sponsored by the<br />

Federal g<strong>over</strong>nment<br />

through the New<br />

Partnership for African<br />

Development, NEPAD.<br />

National Coord<strong>in</strong>ator and<br />

Chief Executive Officer of<br />

NEPAD, Pr<strong>in</strong>cess Gloria<br />

Akobundu, who spoke<br />

through the director <strong>in</strong><br />

charge of Programmes<br />

Development and<br />

Implementation, Mr.<br />

Emmanuel Abang told the<br />

participants that the<br />

greatest gift one could have<br />

<strong>in</strong> life is skill and<br />

knowledge and urged them<br />

to take the tra<strong>in</strong><strong>in</strong>g serious.<br />

MTN to list on NSE <strong>in</strong> May - MTN<br />

CEO<br />

South African telecoms firm, MTN Group Ltd<br />

expects its Nigerian subsidiary to list on the local<br />

stock exchange “probably more towards April and<br />

May”, the unit’s chief executive said on Wednesday.<br />

The list<strong>in</strong>g should be no later than halfway through<br />

the year, Ferdi Moolman, chief executive of MTN<br />

Nigeria told reporters <strong>in</strong> the commercial capital of<br />

Lagos.<br />

MTN last week said it aimed to list its Nigerian<br />

unit on the Nigerian Stock Exchange dur<strong>in</strong>g the<br />

first half of 2019 without rais<strong>in</strong>g new money from<br />

<strong>in</strong>vestors immediately.<br />

MTN Nigeria said it would simplify its capital<br />

structure prior to the list<strong>in</strong>g. The Nigerian company<br />

also said its subscriber base grew to 58 million users<br />

<strong>in</strong> 2018, up 6 million.<br />

Nigeria is MTN’s biggest market, with 52.3 million<br />

users <strong>in</strong> 2017, and accounts for a third of the<br />

company’s annual core profit, but has proven<br />

problematic <strong>in</strong> recent years.<br />

South Africa’s rand slips as Brexit<br />

chaos weighs on risk demand<br />

South Africa’s rand weakened early on<br />

Wednesday as the ongo<strong>in</strong>g crisis <strong>in</strong> Brita<strong>in</strong> <strong>over</strong><br />

its exit from the European Union soured global risk<br />

appetite.<br />

At 0630 GMT the rand was 0.24 percent weaker at<br />

14.3800 per dollar compared its <strong>over</strong>night close <strong>in</strong><br />

New York. The currency was volatile, rally<strong>in</strong>g to a<br />

three-day high of 14.2250 before retreat<strong>in</strong>g after<br />

British lawmakers aga<strong>in</strong> rejected a deal to quit the<br />

E.U.<br />

Uncerta<strong>in</strong>ty <strong>over</strong> Brexit as well as caution <strong>over</strong> the<br />

prospects of a trade agreement between the United<br />

States and Ch<strong>in</strong>a has seen risk demand ebb, with<br />

<strong>in</strong>vestors <strong>in</strong>creas<strong>in</strong>gly opt<strong>in</strong>g for safe-haven assets<br />

like the dollar, Japanese yen and gold.<br />

Gold rose to a near two-week peak after reclaim<strong>in</strong>g<br />

the key $1,300 level <strong>in</strong> the previous <strong>session</strong>, and<br />

was up 0.2 percent <strong>in</strong> early trade.<br />

Jumia pushes ahead with New York<br />

list<strong>in</strong>g<br />

Jumia, the African e-commerce company of<br />

German start-up <strong>in</strong>vestor Rocket Internet, has<br />

filed for a New York <strong>in</strong>itial public offer<strong>in</strong>g, which<br />

could value the firm at $1.6 billion or more.<br />

Jumia, founded <strong>in</strong> 2012 offers onl<strong>in</strong>e shopp<strong>in</strong>g,<br />

logistics and payment services, but is los<strong>in</strong>g money.<br />

The company says its bus<strong>in</strong>ess is expand<strong>in</strong>g, and<br />

the cont<strong>in</strong>ent’s development will make it a better<br />

market, with a grow<strong>in</strong>g young population, more<br />

<strong>in</strong>frastructure <strong>in</strong>vestments, urbanisation and rapid<br />

economic growth.<br />

The New York fil<strong>in</strong>g did not say how many shares<br />

Jumia would sell, nor at what price. Morgan<br />

Stanley, Citigroup, Berenberg and RBC Capital<br />

Markets are lead<strong>in</strong>g the IPO.<br />

In December, Jumia was valued at 1.4 billion euros<br />

($1.6 billion) with shares at 14.74 euros, accord<strong>in</strong>g<br />

to the fil<strong>in</strong>g.<br />

Italy’s Eni makes major oil f<strong>in</strong>d <strong>in</strong><br />

Angola<br />

Italian company Eni said on Wednesday it had<br />

made a major oil disc<strong>over</strong>y <strong>in</strong> Angola that would<br />

boost its credentials as one of the most successful foreign<br />

oil producers <strong>in</strong> Africa <strong>in</strong> recent years.<br />

The f<strong>in</strong>d is Angola’s largest offshore disc<strong>over</strong>y <strong>in</strong> years<br />

and may help Africa’s second-biggest crude producer avoid<br />

a steep decl<strong>in</strong>e <strong>in</strong> output due to the age<strong>in</strong>g of its other<br />

fields.<br />

Oil accounts for 95 percent of exports and around 70 percent<br />

of revenues, and the g<strong>over</strong>nment has recently offered better<br />

fiscal terms and more collaboration to <strong>in</strong>ternational energy<br />

firms <strong>in</strong> an effort to help its mostly imp<strong>over</strong>ished population.<br />

Eni said its new Agogo prospect <strong>in</strong> Angola’s deep waters<br />

conta<strong>in</strong>ed between 450 million and 650 million barrels of<br />

light oil with potential for further upside.

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