Monday, June 25, 2012

Nigeria number 1 in crude oil theft

President Goodluck Jonathan yesterday described Nigeria as the only country in the world where crude oil is stolen at an alarming rate, saying the situation has reached the stage of a full-blown cancer.


He also said he has not decided whether to run for the presidency in 2015, as he needed more time to attend to security and economic matters plaguing the country before thinking of 2015 politics.


While responding to questions at a "Presidential Media Chat" televised live last night, Jonathan said while the issue of whether he will seek a second term in 2015 was overheating the country's political environment, "it is not proper for a Nigerian president to make comments on 2015 at this stage".


Hinting that he would make his decision public by the end of 2013, the president urged Nigerians to allow him to use two years-plus to tackle economic and security issues. He cited a country like Ghana where, he said, things are haphazard because, right from day one after their general elections, campaigns begin in top gear for the next one.


"Let us leave 2015 issue. When INEC opens the gate we will know who is to contest and who will not contest," he said, adding that he should not be dragged into making statements that the media could begin to mis-interpret the next day.


Expressing worry over crude oil theft in Nigeria, Jonathan said: "The stealing of crude oil appears to be in Nigeria. It is not happening elsewhere. It is like a cancerous cell. A cancerous cell starts developing somewhere in your body, either in your prostate region or in your breast and they won't notice it still; or probably when they notice it, they think that it is ordinary boil. It gets to a point where, when they know, they cannot control it.


"We have held serious meetings between security services, the private sector like Shell and all the key oil players. We have been holding meetings. They will have to stop it. But it is like allowing a cancerous cell to develop a major tumour that even spreads to the critical organs. So, we need stronger effort. We need to spend more money than to spend more days in the hospital. That is where we are. We will crush it; we are on it. Because there is no county where they are stealing crude oil the way they are stealing in Nigeria."


Noting that classifying the stealing of crude oil as oil bunkering was not proper, the president said, "the word bunkering I knew when I was in the customs in Port Harcourt, happens in a way that when ships come, there are big companies that are legalised to go and sell them in water. But, here, somebody goes there to open a pipe and steal crude oil and they call it bunkering. I don't know whether, technically, it's bunkering. I call it crude oil stealing. It is not bunkering. Those who still crude oil are thieves. They are common criminals."


Leadership


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 Shell raises concern on unprecedented oil theft in Nigeria




Sunday, June 24, 2012

40 prison inmates escape as gunmen attack prison in Damaturu, Nigeria


The Police in Damaturu have confirmed the attack by armed gunmen on a satellite prison in Damaturu where 40 inmates were set free.


Yobe state Commissioner of Police Patrick Egbuniwe told reporters in Damaturu on Sunday: "Yes there was a jail break in the early hours of this morning (Sunday 24/06/2012) which was assisted by some armed gunmen suspected to be members of Boko Harama sect.


"The armed gunmen freed 40 prisoners, killed one prisoner and one prison warder was injured in the process.


"Our men arrived at the scene and fought to re arrest some prisoners and arrest the attackers but at the moment, no prisoner is re arrested nor any arrest made.


"Some of the gunmen were killed but their members carted away with their bodies," the Commissioner Police informed.


Commissioner of Police Mr. Egbuniwe disclosed that a combined team of the Police and Army are after the attackers whom he said are being traced to Bundigari and Pawari wards of Damaturu the state capital.


Leadership Newspaper recalls that Sunday's attack on a prison facility is the second with the first at Damagum satellite prison in Fune Local Government where 14 inmates were freed.



Leadership


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Friday, June 22, 2012

India becomes Nigeria's major trading partner

India has overtaken the United States of America (USA) to become Nigeria's major export trading partner, according to the First Quarter 2012 Trade Statistics released by the National Bureau of Statistics (NBS).


It came as the Indian government yesterday expressed interest in higher volumes of term contracts of crude oil supplies with the Nigerian National Petroleum Corporation (NNPC).


The NBS report, which put the total value of the nation's exports in Q1 2012 at about N4.9 trillion, showed that total value of exports to India reached N688.5 billion compared to N607.7 billion credited to the US in the period under review.


The US was trailed by the Netherlands with N482.1 billion followed by Spain with N390.4 billion and Brazil which recorded N328.9 billion.


The relegation of the US to the second position is seen as a major development for Nigeria and India trade relations given that the US had remained the former's biggest trading partner since 1964.


However, the N4.9 trillion total export mark for the country in Q1 represented a decrease of about N2.1 trillion or 30.3 per cent over the figure in the preceding quarter.


The report blamed the decline in value of exports on decrease in the value of Non-crude oil exports (especially Products of the Chemical and Allied industries; Plastic, Rubber and Articles, wood and textile among others.


Reacting to the new trend in bilateral trade, Indian High Commissioner to Nigeria, Mr. Mahesh Sachdev, told THISDAY in an exclusive interview Thursday that India was determined to hold on to its new position for as long as it could.


He said: "India's arrival as the largest market for Nigerian exports does not come as a surprise as India has been Nigeria's second largest market for many years. Given steady increase in our demand for Nigerian exports, India is likely to maintain this pole position in the foreseeable future."


But in terms of balance of trade between India and Nigeria, the report indicated a trade deficit of N575 billion against the former within the period. This means that India was buying a lot more than Nigeria currently does from India.


According to him: "This figure of over 3.5 billion is obviously too high to be sustainable."


He argued that to maintain the current momentum of growth, both countries must ensure that more Indian products were imported into Nigeria.


The Indian High Commissioner said the surge in Nigerian exports to India had been aided by the openness and transparency of the Indian market to Nigerian products urged the Nigerian side to also ensure that Indian goods and services received similar embrace in the country.


This, according to him, could only be achieved by ensuring level playing ground, transparency, proper customs treatment as well as steps to curb faking and counterfeiting of Indian products.


He said:"During the Q1/2012, Indian exports increased by nearly 4 per cent over previous quarter. In recent weeks, India has permitted global unrestricted exports of agricultural products such as Wheat, rice, sugar, milk powder, etc-which are needed by Nigeria. We hope that Nigerian stakeholders would take steps to source these items from India as this would promote a more balanced bilateral trade."


Meanwhile, Sachdev maintained that expanding the volumes of term contract of supplies with NNPC would reduce India's current huge reliance on spot market purchases of various Nigerian crude adding that "If this is done, it would help engender greater stability to Nigerian crude exports to India, already their largest buyer."


The report further noted that: "Classification of the value of total Exports by region revealed that Europe lead in regional contribution to total exports with N1,816.8 billion or 36.6%,


by the Americas with N1,385.0 billion or 27.9%, and Asia with N1,113.9billion or 22.4%. Exports to African countries amounted to N535.0 billion or 10.8% of total exports with ECOWAS Countries contributing N246.7 billion or 46.1% of this amount."


This Day


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Video - Violence in Nigeria spiraling out of control



The latest wave of violence in Nigeria started after three churches were bombed on Sunday in Kaduna, a city which lies on the border between the Muslim north and the mostly Christian south. Boko Haram, the armed group that is opposed to Western ideology and which wants to establish an Islamic state in Nigeria, claimed responsibility for Sunday's suicide attacks.


Although the group says it is trying to wipe out Western influence in the country, the attacks have a distinctly sectarian hue. Just how much of a threat is the Boko Haram to Nigeria? Guests: William Okoye, Alhaji Garba Sani, Buba Misawa.


Al jazeera


Related stories:  Video - Who are Nigeria's Boko Haram?


Another bloody Sunday - Suicide bombers attack 3 churches as youths launch reprisal




Thursday, June 21, 2012

U.S. identifies Boko Haram leaders as global terrorists

The Department of State designated Abubakar Shekau, Abubakar Adam Kambar, and Khalid al-Barnawi as Specially Designated Global Terrorists under section 1(b) of Executive Order 13224.


Shekau is the most visible leader of the Nigeria-based militant group Jama'atu Ahlis Sunna Lidda'awati Wal-Jihad, commonly referred to as Boko Haram.  Khalid al-Barnawi and Abubakar Adam Kambar have ties to Boko Haram and have close links to al-Qa'ida in the Islamic Maghreb, a designated Foreign Terrorist Organization.


Under Shekau's leadership, Boko Haram has claimed responsibility for numerous attacks in northern Nigeria, its primary area of operation.  In the last 18 months, Boko Haram or associated militants have killed more than 1,000 people.


Boko Haram is credited with the August 26, 2011 attack on the United Nations building Abuja that killed at least 23 people and wounded scores more.  Boko Haram also claimed responsibility for the December 25, 2011 attack on the Saint Theresa Catholic Church in Madalla, Nigeria, that killed at least 35 and wounded dozens more.  Boko Haram's deadliest violence occurred on January 20, 2012 in Kano, Nigeria, with a series of attacks that killed more than 180 people.  Boko Haram's victims have been overwhelmingly civilian.


The designation under E.O. 13224 blocks all of Shekau's, Kambar's and al-Barnawi's property interests subject to U.S. jurisdiction and prohibits U.S. persons from engaging in transactions with or for the benefit of these individuals.


These designations demonstrate the United States' resolve in diminishing the capacity of Boko Haram to execute violent attacks.  The Department of State took these actions in consultation with the Departments of Justice and Treasury.


All Africa


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