Tuesday, January 29, 2013

Nollywood movies to debut on American cable networks

A welcomed innovation in the entertainment industry is here, as Nollywood movies will now be available on major cable television networks in the U.S. courtesy of Brandcast Media, Inc. Nollywood, the leader in the African movie industry, is currently the third-largest producer of feature films in the world, ranking only behind Hollywood in the United States and India's Bollywood as number two.

Viewers of Time Warner, Cox, partners and affiliate cable television networks will now be able to watch Nollywood movies On-Demand starting February 1st, 2013. This will be a boon to millions of cable subscribers of various cultural orientations in the U.S., Canada and the Caribbean.

Nollywood cable films

With the addition of Nollywood movies to Cable TV content, Brandcast Media, Inc. aims to generate crossover appeal through the exposure of this unique content to over 40 million North American homes. The movies are carefully selected high quality titles that will end the usual buyer's remorse viewers experience with some Nollywood movies they purchase without preview.

There will be no endless parts, just one complete uninterrupted movie viewing experience. With Cable, Nollywood fans that usually watch the movies online will have no concerns about Internet speed or buffering, just when the viewer is being captivated by the movie. About 80% of the movies to be shown on 'Nollywood Hits' have never been seen.

Some of the high quality productions to be featured on Nollywood Hits On Demand include 'Somewhere in Africa', 'Mind Games', 'Unwanted Guest', 'Married But Living Single,' etc., and will feature notable actors in the Nollywood Industry such as Genevieve Nnaji, Van Vicker, Funke Akindele, Majid Michel, Joke Silva, Omotola Jalade Ekehinde, Yvonne Nelson, and so many more.

"The distribution of Nollywood movies on major Cable networks in the U.S. is the next logical stage in the growth of the Nollywood Movie Industry. It's a dream come true for the many talents in the industry and the vindication of a culture often marginalized in the western market; a real chance for bilateral acculturation and the consequent achievement of crossover appeal for the movies as a cultural export from Africa. Now the world will see the real life and style of Africa in the comfort of their homes". - Perry Umoh, President & CEO, Brandcast Media Inc.

As a legitimate global distribution channel, Nollywood on major cable television networks will be an emergent answer to Nollywood's rampant piracy and lack of investment and theatrical release interest. Nollywood's presence on U.S. cable network giants will impact positively the industry's revenue growth and address existing piracy issues. These select Nollywood movies will be available On Demand at $3.95 each.



Video - Interview with the directors of Nigerian boarding school movie ZR-7

Boko Haram agrees to ceasefire

The Jama’atul Ahalis Sunna Lida’awati Wal Jihad Islamic sect, popularly called Boko Haram, Monday again said it had agreed to a ceasefire with the Federal Government to pave the way for dialogue.

This will be the second time in months that the group has supposedly called for an end to hostilities, which was predicated on certain conditions being met, and had handpicked a committee that was to be headed by former military head of state, Major-General Muhammadu Buhari, to hold discussions with the Federal Government.

However, two persons, who claimed to be representing the major faction of the group led by Sheikh Abubakar Shekau Monday met with the press in Maiduguri, the Borno State capital.
Based on the sect’s antecedent, this is the first time anyone associated with Boko Haram is coming publicly to claim affinity with the dreaded group. On other occasions, communication with or through the media has been conducted via teleconferencing.

But in a swift reaction to the sect’s offer, the Federal Government Monday restated its condition for dialogue, adding that it was in the process of appraising the terms given by the sect.

Coincidentally, just as the representatives were calling for a truce, there were reports that eight persons, including a deputy treasurer of a local government area in Borno State, were in the early hours of Sunday killed by gunmen.

One of the two persons, who met with the journalists Monday, introduced himself as Sheikh Abu Mohammad Abdulazeez Ibn Idris, the commander in-charge of North and Central Borno of the sect.

He said the decision on the ceasefire came after meetings were held with the Borno State Governor, Alhaji Kashim Shettima.

In the interview with journalists in Hausa language but translated to English, Idris said: “I, Sheikh Muhammed Abdulazeez Ibn Idris, the second commander-in-charge of southern and northern Borno, after Imam Abubakar Shekau of Jamaatul Ahjlil Sunna lidawati wal Jihad, otherwise known as Boko Haram; for sometimes now, we the members of Jamaatul ahlil Boko Haram sunna lidawati wal jihad (otherwise known as Boko Haram) have recently had a meeting and dialogue with the government of Borno State, where we resolved that given the prevailing situation, there is the need for us to ceasefire.

“We, on our own, in the top hierarchy of our movement under the leadership of Imam Abubakar Shekau, as well as some of our notable followers, agreed that our brethren in Islam, both women and children are suffering unnecessarily.

“Hence, we resolved that we should bring this crisis to an end. We therefore call on all those that identify themselves with us and our course, to from today lay down their arms.”

He further said: “Let every member who hears this announcement relay it to the next member who hasn’t heard. We have met with the Borno State Government on two occasions and the fallout of the meeting is to ceasefire.
“Presently we are going to comply with the ceasefire order and by the time we are done with that, then government security agencies can go ahead to arrest whoever they find carrying arms or killing under our name.”

Idris noted that the sect was aware of the fact that some criminals had infiltrated the movement and attacked and killed people in the name of Boko Haram, adding, “We have also told the government to try to live up to our demands that our members in detention should be released.

“We hope the government will not betray us this time around, because we all know that it was because of the continued detention of our members that this crisis has continued for this long.”

He however warned that should the government fail to meet the terms of the ceasefire, the sect would be forced to resume hostilities, while admitting that the group was fractionalised.

He said: “There is a faction within us, but the larger faction of our movement is the one in support of this ceasefire. Moreover, once top members of our group, including Imam Abubakar Shekau, are in support of the need for a ceasefire, other smaller factions can be dealt with easily.

“This message, by the Grace of Allah, comes directly from the office of Imam Abubakar Shekau, the supreme leader of Jamaatul ahlil Sunna lidawati wal Jihad.”
When contacted to confirm if the governor had been in meetings with the sect, the Special Adviser to the Governor, Media and Communication, Alhaji Isa Umar Gusau, said the governor had always insisted on dialogue with the group and has always tried to reach out to its leadership.

He said: “Well, I am just hearing from you, but you will agree with me that the issue is that of national security. I am not competent to speak on national security issues.
“We have a security council in Borno State; I am not a member of that council and, of course, you know as much as you will also agree with me that no governor will speak on such critical security issues, so I cannot speak on the matter.

“But what I know, which you can also confirm as journalists concerning the activities of the governor, is that from the day he became a governor-elect, even before he was sworn in, he was the first to speak on the need for dialogue as the best way out.
“Governor Shettima has been very firm and consistent in his belief as he has regularly advocated that unless we want to engage in an endless war, the best way out of the crisis is through dialogue towards a peaceful resolution.”

The governor's spokesman added: “I can confirm to you that Governor Shettima has consistently been exploring different ways to establish means of negotiating for fruitful dialogue to end the challenges.

“Anytime someone is killed, be it a civilian, security personnel of any member of the sect, Governor Shettima is deeply pained. He hates to hear that someone lost his or her family member, no matter who that person is.

“He believes that the life of every Nigerian is worth preserving. It is the hope and prayers of Governor Shettima that not just peace but indeed sustainable peace is reclaimed in Borno and the rest of Nigeria in the quickest time, because like he says, that no society can thrive without peace,”

Though Gusau did not confirm that his principal had met with the members of the sect, but investigations by THISDAY revealed that the governor has held two meetings with representatives of the sect and other major stakeholders, including security agencies at the Government House, Maiduguri.

Reacting to the sect’s offer to end hostilities, the Federal Government said Monday that it may soon re-visit the issue of holding discussions with Boko Haram.

A highly placed government official, who pleaded anonymity, dropped the hint to some State House correspondents Monday, saying the Federal Government was working towards appraising the negotiation terms given by the sect.

According to the source, the government was likely to be receptive to the sect's demands if it announces a unilateral ceasefire.

He said although the government was desirous of brokering peace, it was not in a rush to embrace the olive branch being waved by the sect.

The official, who said the government had not taken a formal position on the matter, added: “From our experience, the sect is not reliable and their word cannot be taken at face value.

“All facets of governmental apparatus would be consulted before a final decision is taken on the matter. We are not in a hurry to jump at their offer.”

He reiterated that although the incumbent administration was committed to the peaceful resolution of the problem, it was not going to negotiate with any group from a position of weakness.

He stressed that government would not relent in its employment of proactive security measures in order to safeguard the lives and property of Nigerians.

But in an incident certain to raise doubts over the sincerity of the sect, eight persons, including a deputy treasurer of a local government area in Borno State, were killed in the early hours of Sunday by gunmen.

The eight persons were killed in Gajigana community in Magumeri Local Government Area of the troubled state about 55 kilometres away from Maiduguri, the state capital.

According to residents of the town, the assailants stormed the village around 3 am and killed the treasurer, a woman and six other persons.

The gunmen were said to have selected some household in the community and carefully carried out the assassination of the eight persons.

Mallam Musa Grema, a resident of the town who spoke to journalists on the phone, said he saw eight persons, including three young men when the bodies were brought out for burial.

Joint Task Force (JTF) spokesman, Lt Col Sagir Musa, confirmed the attack on the community in a text message to journalists but did not give the exact number of victims affected by the attack.

He said: “Gajigana community in Magumeri Local Government Area of Borno State was attacked by unknown gunmen at about 3am on Sunday. Information revealed that lives were lost, the exact numbers cannot be ascertained now.”

A rescue worker also confirmed the killing of the eight people.
In a related development, Northern elders have called on the Federal Government to grant amnesty to members of the Boko Haram sect, adding that insecurity, a breakdown of the education system, massive illiteracy and leadership failure were part of the problems bedevilling the region.

According to a communiqué issued after a two-day summit in Kano by the Northern Development Focus Initiative (NDFI), they urged President Goodluck Jonathan to seek dialogue with Boko Haram and grant its members amnesty just as the Federal Government had done with the Niger Delta militants.

The communiqué stated: “Since security is the responsibility of the Federal Government as enshrined in the constitution, all northern states affected by the security crises should compute all monies expended by them for re-imbursement by the Federal Government.

“A judicial commission of inquiry should be set up to establish the remote and immediate causes of ethno-religious conflicts and prevalent insurgency.
“All persons identified to be involved in sponsoring, benefitting or involved in all forms of terrorism and insurgency be prosecuted.

“Federal Government should set up a Northern Nigeria Restoration, Reformation and Rehabilitation Programme to absorb repentant Boko Haram insurgents unconditionally and a special committee of respected northerners should immediately embark on a sympathy and solidarity tour of all states affected by insecurity in the North.”

According to NDFI, Jonathan, Vice-President Namadi Sambo and northern governors have failed to show sympathy for most states ravaged by the Boko Haram insurgency.

The communiqué also revealed that the summit also advocated the death penalty or life imprisonment for indicted corrupt officials in the public and private sectors.
The communiqué was signed by a former governor of the defunct North-western state, Alhaji Usman Farouk, and chairman/secretary of NDFI, Dr. Sadiq Umar Abubakar.



Pension scammer who stole N1.4b Billion set free after paying N750, 000 Fine

One of the eight civil servants charged with alleged misappropriation of N33 billion from the Police Pension Office was yesterday set free by an Abuja High Court under a plea bargain deal with the EFCC.

John Yakubu Yusuf, the Chief Accountant of the Police Pension Office, was yesterday sentenced to two years imprisonment on three counts with option of N250, 000 fines on each.

He is also to forfeit to the state the sum of N325 million and thirteen choice properties in Abuja and Gombe, Gombe State. He paid the total of N750,000 in fines immediately and was allowed to go home.

Yusuf pleaded guilty to the charges after an amended 20 counts charge, filed to accommodate two additional suspects Mrs Uzoma Cyril Attang and Christian Madubuike, was read to them by the EFCC.

Those on trial who pleaded not guilty are Atiku Abubakar Kigo, the Permanent Secretary in the Office of the Head of Service; Esai Dangabar, a retired director at the Aviation Ministry; and Ahmed Wada, a former deputy director of the Police Pension Office and now director in the Federal Ministry of Sports.Others are: accountants Sani Habila Zira, Veronica Ulonma Onyegbula.

Yusuf, who is an accountant and the former assistant director in the Police Pension office, was accused in count 18 of the charge of misappropriating the sum of N20.154 billion alongside Kigo, Dangabar, Wada, Zira and Onyegbula.

In count 19 and 20, the EFCC accused him of pilfering the sum of N1.3 billion and N1.7 billion respectively.

Besides the formal termination of his appointment after being suspended since the trial commenced in March, 2012, Yusuf is also to forfeit to the state the sum of N325 million cash and thirty two choice properties scattered in Abuja and Gombe, Gombe State respectively.

Earlier, counsel to the Economic and Financial Crimes Commission (EFCC) Rotimi Jacobs (SAN) objected to the option of fine urging the court to give custodial sentence against the convict.

Reacting to the ruling, Yusuf's counsel Maiyaki Theodore Bala told newsmen that his client will pay the fine of N750, 000 immediately because it is an order of the court.

Meanwhile, the court has adjourned to February 26 for continuation of hearing in the other accused persons charged on 20 counts along with Yusuf over alleged N33 billion Police pension fraud.


Related stories: Nigerian pension fund found stashed in UK bank

Permanent secretary arrested for N14 Billion pension fraud

Monday, January 28, 2013

U.S. doesn't need Nigeria's oil

Nigerians whose pastime is bickering over oil resources may soon find out that what they consider as the goose that lays the golden eggs will no longer give them the resources to steal from. Oil may soon be selling for far below the 1982 price level. No thanks to President Barack Obama who, during his first term inauguration urged Americans to find a solution to the country's continued dependence on external oil. Five years down the line, America is almost self- sufficient in oil production and is now turning down offers from traditional suppliers.

America is one country where when the government decides on a line of action, it follows through. But in Nigeria, for over two years now, the issue of the Petroleum Industry Bill passage has been with us without progress. While others are busy finding alternative to crude oil as means of energy, Nigeria's policymakers are busy stealing the little resources available to diversify the economy. Shamefully, just last week, former President of Botswana said at Daily Trust Forum that it amounts to criminal negligence for Nigerian leaders to continue to steal the people's resources entrusted to them through corrupt practices.

Last week, the news wire services were awash with reports that the United States, the highest importer of Nigeria's crude now gets so much crude from its own shale deposits that Canadian exporters to US are selling as far afield as Europe, showing how deeply the U.S. energy revolution is transforming global oil flows. As recently as 2011, close to 100 per cent of Canada's crude exports went to its neighbour, the United States, according to the U.S. Government's Energy Information Administration (EIA).

But trade and shipping sources said more than two million barrels of light crude from Canadian offshore oilfields have gone to Europe in the last month, a taste of what is to come. The change is due to technological advances the U.S. expects will bring 900,000 barrels per day (bpd) record jump in its oil output to 7.3 million bpd in 2013, from places like the Bakken shale deposit in North Dakota that now feeds U.S. East Coast refineries served by Canada.

While this revolution is taking place in the international oil market, Nigeria's federal executive arm of government is at war with federal legislators on the right budget benchmark for crude oil, but the oil market equation is fasting changing against Nigeria. While the executive favours the use of $75 per barrel, the legislators pegged the budget at $79. Both parties will soon discover that they have been too optimistic about the international oil market. From the look of things, both sides should review the budget and reduce the benchmark to $60 per barrel.

US refineries' traditional supplier, Nigeria, is to seek alternative customers and is feeling the pinch of the new Canadian competition in its established European markets. Besides Canada, other traditional suppliers to US market will seek customers in Europe and Asia. If most suppliers of crude are now to face a shrinking market in Europe, one thing is sure, the price of crude will nosedive southward, meaning a crash in prices of crude. This apparently will derail the 2013 budget, no doubt.

Hitherto, US oil reserves have been too expensive to recover using old technology. New technology of a drilling technique called hydraulic fracturing, or fracking, in which water, sand and chemicals are forced deep underground to drive out trapped oil and gas, have allowed access to millions of barrels of U.S. oil that were previously unattainable. This shale oil is sweet - meaning it has low sulphur levels and is suitable for U.S. refineries - like the Canadian and Nigerian oil it is supplanting.

To the average American oil trader, Shale oil is making its way to the east coast of the United States by rail instead of shipping from long distance, so this is backing out offshore sweet east coast Canadian and Nigerian production. For oil traders, the profit margin had widened sufficiently for arbitrage as it allowed for a nominal profit of nearly $1 million on 600,000-barrel shipment.

The question is, where is Nigerian NNPC seeking new markets? Apparently as it is with Nigeria, they have gone to sleep until one day, they find that there is no market for Nigeria crude. What then will happen? Federal allocation to states will dwindle, salaries will remain unpaid, Federal Government will borrow and borrow to finance the budget, the deficit will grow wider and the private sector will be crowded out of access to credit.

The scary thing is that rising U.S. shale oil output has already started re-routing flows of Nigerian and Algerian light sweet crude oil which used to flow regularly to the United States. U.S. imports of light, sweet crude will fall to virtually zero by 2014, an executive of French energy company, Total's trading arm predicted in October.

This progressive upheaval in crude oil patterns has prompted European refiners to look at changing their slates - lists of suitable crude oil grades for use as feedstock -- to adapt. Traders said that the extra volumes of Canadian crude arriving

in Europe have depressed prices for Nigerian grades, which have fallen around $1 since early December.

Nigeria's Federal Government functionaries, governors and legislators who have been feeding fat on the proceeds of crude sales should be ready to drink the crude when it returns unsold.



Friday, January 25, 2013

Nigeria draws with Zambia 1-1 in Nations Cup

Finally the clash of the Titans has come to an end with both teams holding to a draw. The champions couldn't out-wit the Super Eagles of Nigeria.

This game will be remembered as a tale of two penalties. Mikel's woeful first-half effort that should have put Nigeria ahead, and the Zambia keeper stepping up with an inspired strike to earn a point.

90' +3 Yellow Card Uwa Elderson Echiejile

86 " Yellow Card booked by Emenike for Nigeria

84" Goalkeeper Kennedy Mweene scores for Zambia

83" Onazi makes minimal contact with Mayuka on the edge of the box and it was a baffling decision, but it stood all the same as a penalty

73" Yellow Card booked by Emmanuel Mbola

64" Yellow Card booked by No. 19Nathan Sinkala for Zambia

56" Eminike Jersey No. 9 scores for Super Eagles of Nigeria the striker is played through by Mikel with the Zambia defence in shambles and fires home, beating Mweene at the near post.

Zambia Nigeria

44% Possession 56%

10(4) Shots (on goal) 6 (5)

12 Fouls 15

2 Corner kicks 3

2 Off-sides 1

5 Saves 10

2 Yellow cards 3