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LONDON (Dow Jones)--A spokesman for the Movement for the Emancipation of the Niger Delta, also known as MEND, Tuesday repeated a warning of possible attack in Nigeria's capital of Abuja, after a previous threat didn't materialize..
In an e-mail to the media, Jomo Gbomo, a pseudonym, said: "We hereby repeat our warnings to the residents of Abuja, the heart of the country and to all persons who will be interested in attending the political [presidential campaign] organised by the president Goodluck Jonathan."
Nigeria president Jonathan, who stepped in after the death of his predecessor Umaru Yar'adua, is a candidate for presidential elections due January 2011.
Gbomo Friday threatened a new bombing in Abuja over the arrest of MEND's alleged leader, Henry Okah, in South Africa, but no attack appears to have taken place since.
Okah, ex-leader of MEND, was arrested a few weeks ago in Johannesburg, a day after twin car bombings in Nigeria's capital Abuja killed 12 people. Okah has denied any involvement in the car bombings, according to his lawyers.
Key MEND commanders have accepted the amnesty, but some fighters refused to lay down arms, saying the deal was a "charade" that failed to address the key issues of under-development and injustice in the delta.
-By Benoit Faucon, Dow Jones Newswires; +44-20-7842-9266; benoit.faucon@dowjones.com
He promised to pay my school fees – Victim • It’s devil’s handiwork –Suspect A 16-year-old girl, who was allegedly impregnated by her father, has narrated how the randy man administered oath of secrecy on her before he deflowered her. She also narrated how the suspect, Sunday Olanrele, used payment of her school fees as a bait to turn her to a sex object. She said: “I thought he was a good father. He gave me kolanut to eat and said I would die,if I revealed the secret. So, he started kissing, and caressing me and later deflowered me. When blood started gushing out from my private part, he used pampers to cover it. I did not tell anyone because of fear.” The victim, Bola (not real name) disclosed how her mother told her to go and bring her school fees from her estranged husband, before he took advantage of it to have canal knowledge of her. “When I went there, my daddy started doing it again. He kept promising to give me the school fees. I ended up staying with him for many months and he was making love to me severally.” The last straw that broke the camel’s back was when she spent seven days with her father five months ago. “He slept with me all through and when I got home, I wanted to tell my mother but I was scared. So, I kept quiet,” she broke down in tears. The embattled girl also disclosed how her parents were estranged while her mother re-married, attributing it to her present ordeal. According to her, their mother did not visit them for five years, while she (victim) was denied the opportunity of visiting her. It was when she wanted to commit suicide by drinking battery fluid that one of her aunties took her and her younger brother to Ikorodu, Lagos State. It was also from Ikorodu that she went to her father’s house. “While I was in my father’s house, he brought out a calabash and kolanut and told me to swear an oath that I would not divulge what he was about to do with me.” She explained that when her monthly menstrual circle ceased, she did not bother to disclose it to anybody. But her mother was said to have got information about the pregnancy and took her to a pastor, where she spilled the beans. The pastor was said to have given her assurance that she would not die, if she disclosed what transpired between her and her father. “I told him that my father was responsible for the pregnancy,” she said. The victim’s mother (names withheld) told Daily Sun she suspected a foulplay immediately her daughter came back from her father’s house. “I started perceiving offensive odour and asked her if she visited someone else, apart from her father and she said no. I called the father on phone and inquired the time she left his house and he told me. I reasoned that if she had gone to another person’s house, she wouldn’t have got home the time she did. From there, I knew something was wrong,” she said, fuming. The woman disclosed that she later brought a magazine and showed her a story of where a father impregnated his daughter. “She was devastated after reading the story. That was when I knew that the father had done something abominable.” Few weeks later, the girl started showing pregnancy symptoms. “I took her to the hospital for pregnancy test and it indicated that she was four months pregnant. I requested to know who was responsible and she refused to tell me,” she said. That was when she took her to the pastor where she opened up. The angry mother said she was now faced with the shame associated with the stigma on the family. “I’m confused, I am ashamed of the stigma. The pregnancy is over five months now. So, abortion is out of it. I’m in a dilemma now. I can’t procure abortion of five months old foetus,” she lamented. The suspect, who admitted committing the crime, said he didn’t know what came over him that made him to deflower his daughter. “I think, it is the devil’s plan to destroy me. I know it is an abominable act. I’m sorry, I regret my action. Nigeria police and my estranged wife should forgive me,” he said. | ||
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When disabled Abdulsalam Idowu got admission to the University of Lagos to study Political Science in 2006, it appeared it would be difficult for him to complete the course. But with the help of kind-hearted Nigerians, he has not only completed the programme, he has also secured admission to study Law, SEGUN OLUGBILE reports.
Many readers are likely to be familiar with the story of Abdulsalam Idowu, the disabled man who begged his way to become a Political Science student of the University of Lagos in 2006. His story was exclusively reported in THE PUNCH edition of January 23, 2007.
Idowu has just completed his bachelor’s degree programme. His ambition then was to study Law so that he could be an advocate for the less- privileged in the society. But he had to opt for Political Science because he could not meet the admission requirements to study Law. Apart from not having the cut-off points for Law, he did not have Literature, a compulsory requirement to study Law in UNILAG. But to demonstrate his commitment to his dream, ID, as he is popularly known at UNILAG, sat for the November/ December West African Senior Secondary Certificate Examination in 2009, 10 years after he fled his village, Erinle in Kwara State via a Lagos-bound train because he could not pay for the West African Senior Secondary School Certificate Examination form. He got a credit in Literature in English and secured admission to study Law a few weeks to his graduation. He will start the law programme in the 2010/2011 academic session.
Born into a polygamous home, Idowu lost his mother at the age of three and became crippled at the age of four after a malaria attack. But in spite of his poor parentage and physical disability, Idowu has exhibited a great courage and a strong determination to survive. He had opened a bank account with the proceeds of his alms begging and saved enough money to obtain the WASSCE examination form. He failed the November/December WASSCE twice. He also failed the Universities Matriculation Examination twice. But these challenges did not discourage him. Eventually, he got admission to UNILAG but not to study Political Science.
But since his admission to the university in 2006, Idowu said he had been taking steps that would enhance the realisation of his dream of becoming a lawyer.
Speaking with our correspondent at the Jaja Hall of the university on Saturday, Idowu’s will power was intact. Now more refined and exposed, he said the admission to study law was God’s best gift to him.
“I cherish all that God has done for me. I admire all the people He has used to take me off the street- begging business and I appreciate all the institutions particularly THE PUNCH for cleaning up my life. But I want to thank God specially for this admission to study Law because I’ve realised that one can be his best in a programme that one loves and not in a programme that one embraces by accident,” he said.
Speaking on how he got the admission, Abdulsalam said he never for once lost sight of his ambition to study Law even after he gained admission to study Political Science.
“I know my limitations. I’m disabled and therefore I cannot do everything that the able- bodied can do. But I know that with Law, I won’t be involved in too much physical exertion. I see Law as a life career. So, when I was in 100 Level, I bought the November/ December WASSCE form but I could not sit for the examination. I did the same thing in 200 Level. The same situation arose. My semester examination timetable always clashed with the WASSCE,” he said.
But in 2009 when he was in 300 Level, the strike embarked upon by workers’ unions in universities including the Academic Staff Union of Universities provided him another opportunity to write the examination.
“I seized the opportunity provided by our lecturers’ strike to sit for the 2009 November/December WASSCE. Thank God I made six credits including Literature. This year, I sat for the UTME and I scored 264. I was invited for the post-UMTE and I scored 68. My aggregate score was 67 and with this I was offered admission to study Law after over four years of attempts,” he recalled.
Idowu’s 2009 November/December WASSCE results show that he has A1 in Mathematics, C4 in English, B3 in Literature, B3 in Government, C4 in Economics and B3 in Commerce.
He identified three people- Justice Ajumogobia of the Federal High Court, Abeokuta , Ogun State , Dr. Derin Ologbenla and his room-mate, Dike Godwin, as some of the people that kept the fire of his ambition burning.
“So many people and institutions helped me. THE PUNCH Newspaper, Publisher of The Source Magazine, Mrs. Comfort Obi, wife of the Kwara State Governor, Chief Oluwatoyin Saraki, Mr. Peace Omokaro, mosques, churches, men and women of God, UNILAG, Intercontinental Assurance Plc, and a whole lot of Nigerians including my classmates and roommates deserve my appreciation.
“But Mama Ajumogobia and Dr. Ologbenla are my motivators. Mama was always calling me to remind me of the need to study Law. Though Ologbenla never called me aside one day to encourage me, each time he came to class, he was always using himself as an example to challenge us. He had five degrees in various disciplines and he got his Ph.D before he enrolled for the Law programme.
“He is a son of a top class traditional ruler and had the opportunity to school outside the country. Each time he spoke, something told me that if the son of a wealthy man could achieve all these feats, why not me? I’ve decided to lay the foundation of a solid future for my children and to break the cycle of poverty in the family. To achieve this, I have to read. University education is the best for any individual and in fact, anybody that does not have a university education is missing a lot,” he said.
He added that he was also encouraged to further his education because of the response of some of the street boys to his admission.
“Some of the street boys that knew me as a beggar were stunned when they heard my story. They came to me to verify whether it was true. I used the opportunity to talk to them and even allowed them to make use of my one room apartment at Ajegunle. Now I’m happy that they are responding very well. Two of them are now in UNILAG. One is in 200 Level studying Economics while the second one has just been given admission to read educational administration,” he said.
On how he was able to cope with his academics on the campus, Idowu said that he was too focussed to see distraction.
“I was on campus to fight for my life and the future of my family. I was not concerned with what people were saying about me because most of the students on campus already had the foundation of their future laid out for them. I was determined to lay a solid foundation for my children and to break the hold of poverty on my family. Therefore, I was not in any way distracted.
“The only challenge that I had was that my poor primary and secondary education affected my performance in 100 Level. You know I had to do all the reading by myself. I combined this with begging and it affected me, otherwise I would have made a first class or at worse a sound second class upper. But as at the first semester of my 300 Level, my CGPA was at 3.3. To make a second class, I must make 3.5. From the results of the second semester that had been released, I scored four Bs and a C. The only one that I have not seen is the result of the project,” he said.
Asked how he intended to cope as a law student with no source of funding, he said, “The God that has seen me through the first one will also see me through this stage. However, I plan to get a job possibly on campus and then continue with the programme. I have weighed all the options and I have concluded that even if I don’t get a job, I will not abandon the programme because abandoning it is not sensible. What is the essence of being at home jobless when you have an opportunity to run a programme you have been dreaming to study?’’
Though he is into a relationship, Idowu said he was not in a hurry to get married. “Marriage is good, most especially early marriage, but I must be very careful about that issue. My poor father bit more than he could chew, I don’t want to make a similar mistake. If marrying late is one of the prices that I have to pay to deliver my family from poverty, I’m ready to pay the price. But one should not rule anything out as everything is in the hands of God,” he said.
Abuja residents were again subjected to hours of traffic mayhem yesterday, as large sections of the Federal Capital were closed off to vehicles.
The heightened security measures left thousands of workers stranded, as they desperately tried to reach their offices and places of business.
According to authorities, the security measures were taken in order to “ensure zero risk” during the commissioning of police aircraft at Eagle Square, at which Goodluck Jonathan was in attendance. As a result, security cordons were put up in a one mile radius around the venue.
A traffic gridlock ensued because Eagle Square happens to be in proximity to the Federal Secretariat, situated in a hub of many businesses and activities.
Yesterday’s traffic chaos comes just days after similar logjams occurred on Friday. Ministry staff and other employees were forced to trek for miles to work, after all vehicles were prohibited from driving towards the centre of the town.
Joy Iwuese, a civil servant, recounted how the diversions caused her to be two hours late for work.
“My bus normally drops me just outside the secretariat,” she said. “Instead, what happened is that they drove only as far as Setraco then started turning back. By the time I even got to work, half of my colleagues were not there.”
Bomb detectors
The traffic tailbacks were no different at the Nnamdi Azikiwe Airport, where bomb detectors were used to screen all approaching vehicles on the airport access road. Some vehicles were also stopped and searched, leading to several missed flights and disgruntled passengers.
Bomb detectors were also sighted at various other locations within the FCT, such as the headquarters of the Nigerian National Petroleum Corporation (NNPC).
The Movement for Emancipation of Niger Delta (MEND) had, on Friday, warned of another attack in Abuja, in an email sent to various media houses. According to the email, the attack was a direct response to Henry Okah’s trial in South Africa and “the persecution of innocent people in Nigeria.”
In the email, signed by its putative spokesman, Jomo Gbomo, the group said it will “give a 30-minute advance warning to avoid civilian casualties, then sit back and watch how the blame game will be played out on all those already falsely accused.”
A security source revealed to NEXT that a similar email was sent to security agencies on Thursday and this has stoked up security concerns in the Federal Capital. The source added that all such threats were now being taken seriously, and warned Abuja residents to brace themselves for stricter security procedures, including the introduction of more checkpoints and random searches.
No end in sight
“It unfortunately does not end here,” the source said. “Things may never fully return to normal because of what transpired on October 1st. Already, if you go to the airport now, all cars entering are being searched. This will also be introduced in strategic places across FCT.
“On Tuesday, again there will be more blockading. The president is commissioning the AYA Bridge, so that entire stretch of road which connects from Asokoro to Maitama is going to be closed off.”
The stringent checks are not a welcome development for increasingly frustrated Abuja residents. Taofik Adejuwon, another civil servant, compared the recent conditions to being in a militarised state.
“Of course, one can never be too safe,” Mr. Adejuwon said..
“But at what cost? It is as if we are living in a military zone. You see police, traffic wardens, VIO, civil defence everywhere. It is very uncomfortable for those of us who are used to more freedom,” he said.
Investigation revealed that the two lecturers of the institution were, penultimate Friday, attacked by some of their students at their residence, following their insistence not to allow the students to write their first semester examination since they could not meet the stipulated 75 per cent attendance.
The lecturers, Dr Peter Tunku and Mr. Fidelis Dutse of the Departments of Crop Production Technology and Agricultural Extension and Management respectively, were said to have been rushed to the Ahmadu Bello University Teaching Hospital for treatment.
Another lecturer, Mrs, I. I. Adedibu, was said to have fled the campus after receiving a threat message.”
Mrs Adedibu’s offence, according to sources, may not be unconnected with her role as the chairman of the examination malpractices committee, instituted by the school authorities to unravel those who invaded the school in August to disrupt examination.
The two lecturers were described as hardliners of the institution’s rules and regulations, particularly those relating to examination conduct.
Confirming the incident on phone, the provost of the college, Dr Stephen Abolusoro, said the police had already arrested two suspects in connection with the attack and threat.
The state police spokesman, Abubakar Mohammed, however, declined comments, but a police official, who craved anonymity, confirmed the incident and the arrests.
“I think the time has come for everyone to work toward the Nigeria of our dream,” Adujie told the gathering. “It’s wrong to stay here and do nothing. So I’m ready to return home to contribute to the process of making the next election fair and credible.”
There was a loud applause and a smile sprouted from the edges of Adujie’s lips. He then proposed a motion that the group, which calls itself the Nigeria People’s Parliament in Diaspora, should arm a team with sophisticated gadgets and send it to Nigeria to monitor the poll. The motion was unanimously passed and he again beamed with smiles.
Adujie is now making his promise real. In November, (he is keeping the exact date close to his chest because he fears for his security), like a few other citizens abroad distressed by their country’s multifarious problems, the Nigerian will quit his lucrative job at one of New York’s biggest law firms and abandon the comfort of his posh home in Queens to lend a helping hand to his fragile country.
“We all need to get involved,” he said in an interview at a friend’s home in the Brooklyn district of New York one recent Friday evening.
“At this point in my life, I’m ready to allow myself be shot to death if that would bring about a better Nigeria. We all need to be catalysts for change as we try to fix our country. No one will do it for us,” said Adujie, relaxing on an armchair adjacent a twin bed in the spacious, well kept and slightly perfumed one-bedroom apartment.
Dressed in a black suit, a white striped shirt, a red tie and an ash-coloured bowler hat, Adujie’s demeanour alternated between animation and despondency.
For the years that Adujie has been away, Nigeria, Africa’s most populous country and the world’s most populous black nation, has made very little progress. Although the country has enormous oil resources, earning about $25 billion a year, according to the Revenue Watch Institute, it remains among the most poverty-stricken in the world, ranking 158th out of the 182 countries rated in the United Nation’s most recent Human Development Index. Corruption is rife. Basic infrastructures have broken down. And its elections are perpetually flawed, its leaders often lacking legitimacy.
The general election initially scheduled for January but now tentatively fixed for April, presents another opportunity for the West African nation to reinvent itself. But apprehension is mounting worldwide that the election might throw the country into another round of political crisis.
“Nigeria is in trouble,” wrote John Campbell, a former U.S ambassador to Nigeria, in a controversial article for the Council for Foreign Relations in September. “National elections scheduled for 2011 have the potential to undermine the country’s current precarious stability by exacerbating its serious internal ethnic, regional and religious divisions.”
Adujie, a tall, dark, stocky man, who refused to take up US citizenship for fear that it might dilute his ‘Nigerianness’, deeply loves his country. He is troubled by the problems confronting it and does not want predictions like Campbell’s to come true. And so, like, a few other Nigerians in the Diaspora, committed to seeing a fraud-free election in their country, the New York lawyer is packing his stuff and heading home. He says he is ready to commit everything he has got to the process of remaking his country.
“I am leaving my job and the comfort here not because I am not aware of the condition in Nigeria, not because I’m foolish,” he explained, trying to damp down his feeling of despair.
“I’m doing that because I love Nigeria. The Americans who go to Iraq and Afghanistan - 17, 18 years-old who join the army, the marine or the navy to fight on behalf of America - do so because they love their country.
“They do so because they have the dedication, the commitment and the passion, nationalism and patriotism for America. Why can’t I or other Nigerians make that commitment?”
Adujie does not plan to run for office in the election. Neither is he a supporter of any of the candidates in the polls. His primary concern is for the electorate to be sufficiently enlightened so they can make informed choices in the elections.
“If the electorate is able to measure the comparative qualities between the candidates or between the various political parties, whatever decision they then make would be an informed one, not one based on bags of rice, bags of salt, five naira (Nigerian currency) or such other short-term benefits that take them for granted and defeat their long term interest,” said the lawyer, punching the air for emphasis.
Adujie came to the US in December 1988, after completing a law degree at the University of Maiduguri.
He later attended the New York University and was admitted to the New York bar. Though 5269 miles away, the lawyer has kept tabs on events in his homeland. Early this year, he decided it was time to get directly involved in charting a fresh course for Nigerian politics. He shared his plans with friends and family members who warned him against the move. They reminded him of the insecurity, corruption, misgovernment and infrastructural breakdown back home.
Still, he is trudging ahead. When he arrives in Abuja, Nigeria’s capital, in November, he plans to tour university campuses across the 36 states to speak to students and faculties about the need to vote for the right kind of leaders. He would also engage with major labour and professional bodies to persuade them not to sit on the fence before, during and after the elections.
Like Adujie, like Garrick
Mr Adujie is not the only New York-based Nigerian sacrificing his job and comfort and returning home to mobilize citizens for the elections.
In early November, 25-year-old Nosa Garrick, a freelance writer and desktop artist, will quit her job with Thomson Reuters and fly to Nigeria to help run Vote or Quench, a nonprofit for voters’ education she co-founded with four other young Nigerians based in the United States, France and Nigeria.
Ms Garrick’s family came to the US in 1998 when her father was transferred to the Nigerian embassy in Washington.
She studied French and Communication at St. John’s University in New York.
After a year teaching English in France, Garrick returned to New York in 2007.
She loved it here and with a green card already in her kitty, longed to live here for as long as possible.
Her plans suddenly changed one day last April. The Nigerian president, Goodluck Jonathan, was on a visit to the US and was to appear on reporter Christiane Amanpour’s show on CNN.
A friend of Garrick’s, helping to produce the show, contacted her requesting a commentary on Nigeria. Her article titled “Dear leaders of Nigeria” and posted on Amanpour’s CNN blog, elicited 99 reactions, including some from Nigerian youths who challenged her to return home to help fix her country rather than pontificate from afar. Garrick was touched.
“For me, I thought there was no way I could turn around, not do anything and go on with my day,” Garrick, a smiling, tall, lanky, dark woman, said one recent Friday afternoon at a friend’s office in Manhattan, New York. She knew she needed to act, but she wasn’t sure how to proceed. So, she rang a few friends for ideas and before long, Vote or Quench - a social media-driven organization aimed at getting young Nigerians at home and in the Diaspora involved in elections and politics - was born.
The organisation now has a vibrant website and a lot of young people have signed on to the campaign, including Nneka Egbunna, a rising star, singer and songwriter, who now acts as the organisation’s spokesperson. Next month, Garrick will be on the ground in Nigeria to energize the campaign and work with other young people at home to insist on transparent and credible elections in their country.
“I want my kids to be able to go back to my country (she has no kids yet). I want to be able to live there and be okay, and not be afraid of kidnapping or of not having the basic infrastructures,” she said.
“I have realized that it’s wrong for me to stay here, see what’s going on and not do anything. If I am not part of the solution, then, I’m part of the problem.”
Nigeria, OPEC’s sixth largest producer of crude and one of America’s top supplier of crude, is notorious for fraudulent elections. Its last three elections fell far short of international standard and most western countries were outraged. Following widespread local and international condemnation of the 2007 poll, the government embarked on what it called a comprehensive electoral reform.
The head of the electoral agency and some of his commissioners have since been fired and replaced with a more credible team.
Adujie is hopeful that things would work well for his country this time around. “This is a time for rebirth and renewal for us as a country and as a people,” he said. “This is a chance for us to have the best president ever, the best governors ever, the best legislators ever.”
Scientists found no signs of cancer in their extensive study of mummies apart from one isolated case
Michael Zimmerman, a visiting professor at Manchester University, said: 'In an ancient society lacking surgical intervention, evidence of cancer should remain in all cases.
'The virtual absence of malignancies in mummies must be interpreted as indicating their rarity in antiquity, indicating that cancer-causing factors are limited to societies affected by modern industrialisation.'
To trace cancer's roots, Professor Zimmerman and colleague Rosalie David analysed possible references to the disease in classical literature and scrutinised signs in the fossil record and in mummified bodies.
Despite slivers of tissue from hundreds of Egyptian mummies being rehydrated and placed under the microscope, only one case of cancer has been confirmed.
This is despite experiments showing that tumours should be even better preserved by mummification than healthy tissues.
Dismissing the argument that the ancient Egyptians didn't live long enough to develop cancer, the researchers pointed out that other age-related disease such as hardening of the arteries and brittle bones died occur.
Fossil evidence of cancer is also sparse, with scientific literature providing a few dozen, mostly disputed, examples in animal fossil, the journal Nature Reviews Cancer reports.
Even the study of thousands of Neanderthal bones has provided only one example of a possible cancer.
Evidence of cancer in ancient Egyptian texts is also 'tenuous' with cancer-like problems more likely to have been caused by leprosy or even varicose veins.
The ancient Greeks were probably the first to define cancer as a specific disease and to distinguish between benign and malignant tumours.
But Manchester professors said it was unclear if this signalled a real rise in the disease, or just a greater medical knowledge.
The 17th century provides the first descriptions of operations for breast and other cancers.
And the first reports in scientific literature of distinctive tumours only occurred in the past 200 years or so, including scrotal cancer in chimney sweeps in 1775 and nasal cancer in snuff users in 1761.
Professor David, who presented the findings to Professor Mike Richards, the UK's cancer tsar and other oncologists at a conference earlier this year, said: 'In industrialised societies, cancer is second only to cardiovascular disease as a cause of death. But in ancient times, it was extremely rare.
'There is nothing in the natural environment that can cause cancer. So it has to be a man-made disease, down to pollution and changes to our diet and lifestyle.
'The important thing about our study is that it gives a historical perspective to this disease. We can make very clear statements on the cancer rates in societies because we have a full overview. We have looked at millennia, not one hundred years, and have masses of data.
'Yet again extensive ancient Egyptian data, along with other data from across the millennia, has given modern society a clear message – cancer is man-made and something that we can and should address.
Dr Rachel Thompson, of World Cancer Research Fund, said: 'This research makes for very interesting reading.
'About one in three people in the UK will get cancer so it is fairly commonplace in the modern world.
Scientists now say a healthy diet, regular physical activity and maintaining a healthy weight can prevent about a third of the most common cancers so perhaps our ancestors’ lifestyle reduced their risk from cancer.'
History will be made on October 26, 2010, as 100 million shares of Dangote Cement Plc will be listed by introduction, on a special offer, on the Nigerian Stock Exchange, NSE, at N135 per share.
The listing is sequel to the approval from Federal High Court Lagos sanctioning the merger between Dangote Cement Plc, DCP, and Benue Cement Company, BCC, whereby shareholders of BCC will get one of DCP share in exchange for two of BCC.Photo:Aliko Dangote coming down from Bombardier private Jet.
The enlarged Dangote Cement will constitute over 25 per cent of the entire market capitalization after the listing.
Prior to the listing and special offer day, investors who desire to buy into the offer are expected to make their demands through their stockbrokers. Management of the new company, Dangote Cement, has promised to make any amount of shares required by investors available on the trading floor of the Exchange on the day of listing.
The listing which is the final stage of the merger process is expected to lift the NSE’s market capitalization by about N2.1 trillion.
Following the listing of the new company, shares of BCC will be delisted from the Exchange.
Meanwhile, prospective shareholders in the enlarged Dangote Cement will reap bountifully as the management has also resolved to adequately compensate its investors, in line with the group policy. This much was disclosed in the scheme of merger of both BCC and Dangote Cement.
Financial advisers to the merger, Vetiva Capital management Ltd and Afrinvest revealed that, “…both set of shareholders will continue to enjoy dividend growth in the coming years, taking into account the earnings growth profile of the post merger Dangote Cement Plc and the fact that the prevailing 75 percent dividend payout ratio would be retained.”
A review of dividend history of companies under the Dangote Group listed on the Nigerian Stock Exchange(NSE) indicated that in the financial year ended December 31, 2009, investors received over N23 billion as dividend. The total dividend payout is significant considering the harsh operating environment that arose from the global financial meltdown.
President, Dangote Group, Alhaji Aliko Dangote, who spoke to shareholders assured of immense benefits from the merger which include: reduced operational cost arising from improved efficiency and the remaining five years of tax holiday still being enjoyed by some of the component arms of the emergent company.
According to him: “The proposed merger is conceived with the goal of consolidating the cement producing entities of Dangote Industries Limited in Nigeria under a single entity presenting a robust platform for the enlarged DCP to optimize on available growth opportunities having regard to the present state of the Nigerian cement industry..
This is expected to significantly increase production capacity, boost turnover and profitability and eventually lead to an enhanced dividend payout and capital appreciation for the investors.” “Our reason for listing any of our companies is to take care of shareholders. So far we have given dividend of over N23 billion this
year,” he said. Going by expected revenue growth arising from the merger, among others, he projected that dividend level for the Dangote Group will go to between N50 and N60 billion soon.
In a related development, stockbrokers have endorsed the merger. Chief Executive Officer, Afrinvest West Africa, Mr. Ike Chioke said the merger between the two companies would increase value generation by leveraging positive economies of scale in purchasing and manufacturing.
According to him, “The fact that the merger will account for 25 per cent of the entire market capitalization of the NSE shows that it will boost activities on the exchange. “We are also aware that shareholders in both companies will stand to gain a lot from this merger, as it will benefit them in the area of improved activities, which will translate to higher dividends.”
Another stockbroker, Mr. Tunji Oyebola, said that the merger between the two companies would give the expanded company better access to financing at a low rate, especially as the company would have a larger collection of high quality assets that could be pledged as collateral to lenders.
According to him, “Shareholders of BCC will stand to benefit from the superior production technology of the company, which will also translate to significant cost savings for the company.”
DETROIT—NIGERIAN accused of trying to blow up a US-bound airliner with a bomb sewn into his underwear, last December 25, yesterday, said he wanted to represent himself in court. Appearing in a Detroit court for the first time since January, Umar Farouk Abdulmutallab rejected a judge’s advice that he retain a lawyer. Abdulmutallab indicated he intended to plead guilty to some of the charges. AbdulMuttallab He was charged with the attempted murder of 290 jet passengers on December 25, 2009. Abdulmutallab is also charged with attempting to use a weapon of mass destruction. The jet landed safely in Detroit after crew and passengers overpowered him. In federal court in Detroit on Monday, Abdulmutallab asked US District Judge Nancy Edmunds how he could go about pleading guilty to some of the counts. She replied that she could not advise him on the matter, and assigned a lawyer to be available to assist him in representing himself. Abdulmutallab is reported to have co-operated with investigators who have questioned him about alleged ties to violent Islamic extremists. Soon after his arrest, Abdulmutallab said he had been trained by al-Qaeda-linked militants in Yemen. Al-Qaeda in the Arabian Peninsula, which is based in Yemen, claimed responsibility for the failed bomb attack. Abdulmutallab caught the flight to Detroit from the Netherlands, after connecting from a flight from Nigeria. His father, a prominent banker, had previously warned US authorities about his son’s extremist views. Abdulmutallab was on a US watch list before the alleged Christmas Day attempt but not a no-fly list. | ||
Tiruchirapalli: A case has been lodged against a college principal in Tiruchirapalli for allegedly raping a nun several times over a period of two years since 2006.
The woman, in her complaint, said the man who used to visit the college where she was doing her graduation in music, once invited her to his college.
On her first visit to the college on January 22, 2006, the principal allegedly offered her a drink mixed with drugs and raped her repeatedly, she said in her complaint.
He also recorded the incident on his cell phone and threatened to make it public if she disclosed the matter to anyone.
The complainant said she became pregnant in 2008, but was forced to undergo an abortion at a private hospital. The principal had threatened her with dire consequences several times and sexually harassed her, she said.
Though she had complained about him to the relevant authorities at the Society of Jesus, no action had been taken so far, she said.
The case was registered at an all women's police station and the woman was sent for medical examination, police said.
Read more at: http://www.ndtv.com/article/cities/tiruchirapalli-nun-says-college-principal-raped-her-59275?trendingnow&cp
Non-official cover (NOC) is a term used in espionage, particularly by national intelligence services, for agents or operatives who assume covert roles in organizations without ties to the government for which they work. Such agents or operatives are typically abbreviated in espionage lingo as a NOC (pronounced "knock").[1]
[edit]History
An agent sent to spy on a foreign country might, for instance, work as a businessperson, a worker for a non-profit organization (such as a humanitarian group), or an academic. For example, retired NOC agent Scott Mahalick operated as a manager with a broadcast company for 10 years before leaving the agency and working full time in the radio broadcast industry. The CIA's Ishmael Jones spent nearly two decades as a NOC.[2] Non-official cover is contrasted with official cover, where an agent assumes a position at a seemingly benign department of their government, such as the diplomatic service. This provides the agent with official diplomatic immunity, thus protecting them from the steep punishments normally meted out to captured spies, instead usually resulting in the agent being declared persona non grata and ordered to leave the country. Agents under non-official cover do not have this "safety net", and if captured or charged they are subject to severe criminal punishments, up to and including execution. Agents under non-official cover are also usually trained to deny any connection with their government, thus preserving plausible deniability, but also denying them any hope of diplomatic legal assistance or official acknowledgment of their service. Many of the agents memorialized without names or dates of service on the CIA Memorial Wall are assumed to have been killed or executed in a foreign country while serving as NOC agents. In nations with established and well-developed spy agencies, the majority of captured non-native NOC agents have, however, historically been repatriated through prisoner exchanges for other captured NOCs as a form of gentlemen's agreement. Some countries have regulations regarding the use of non-official cover: the CIA, for example, has at times been prohibited from disguising agents as members of certain aid organizations, or as members of the clergy.
The degree of sophistication put into non-official cover stories can vary considerably. Sometimes, an agent will simply be appointed to a position in a well-established company which can provide the appropriate opportunities. Other times, entire front companies can be established in order to provide false identities for agents. Examples include Air America, used by the CIA during the Vietnam War, andBrewster Jennings & Associates, used by the CIA in WMD investigations and made public as a result of the so-called "Plame affair", or "CIA leak scandal"..
[edit]Examples
Nicholas Anderson is a real NOC who wrote an account of his service in a fictionalised autobiography (as per British law). The original non-fiction manuscript breached the UK Official Secrets Act in 2000 and appeared in a 100 banned books list published in 2003.[3]
Chuck Barris claims to have been a NOC with 33 kills. His story was recounted in the book and movie Confessions of a Dangerous Mind.
Fictional examples are featured in the books Confessions of a Dangerous Mind, Debt of Honor, Ted Bell's Pirate, and The Eleventh Commandment; in the movies Mission: Impossible, Spy Game, The Bourne Identity, and The Recruit; and the TV shows Burn Notice,Spooks and Covert Affairs.
The luxury hotel in central Tokyo began selling the plan a week ago as "something splashy" to commemorate its opening five years ago, said hotel spokeswoman Chie Hayakawa. It intends to apply for recognition from Guinness World Records once a reservation is finalized.
"When the hotel opened we had an exclusive party like this - black tie, cocktail dresses. There was music and drinks and food from the restaurants, and it was all quite grand," said Hayakawa, who took part.
"We thought it would be fun to offer the same experience to an exclusive group of guests."
Under the plan, the entire hotel - 178 guest rooms, all nine restaurants and all spas - would be reserved from 3:00 in the afternoon to noon the next day. It would include a cocktail reception for 500 people.
The price tag is 55 million yen ($671,800)..
Hayakawa said the hotel has already received a number of inquiries, mainly from companies, though individuals would be welcome as well.
"The only thing is, you have to pick a date where there are no reservations already," she added. "It's not as if you could just request it for later this week."
Nigerian musician and actor, Uti Nwachukwu, yesterday won the reality TV senatation, Big Brother Africa - the All stars edition.
Beating his Zimbabwean contemporary, Munya, to win the coveted price, Uti jumped up and danced proudly singing the Nigerian national anthem after he was announced the winner.
It was a tight race as Uti and Munya were the final housemates. According to host IK, this was the closest ever finale with the winner securing the votes from 8 countries and the runner up from 7.
Uti initially participated in the 3rd season of Big Brother Africa and was one of the housemates from previous seasons chosen to enter the Big Brother All Stars house. The final five housemates were
Sheila (Kenyan), Mwisho (Tanzanian), Lerato (South African), Munya (Zimbabwean) and Uti.
It was a sweet victory for Uti, who survived a number of eviction nomination during the 91-day spell in the Big Brother house and was never sent to the barn. Uti lost his father while he was in the house.
The finale featured performances from MI, Jesse Jagz, 2Face, and Kenya’s Wyre.
More:
After a thrilling 91 days in the Brig Brother Africa All Stars house, Nigerian musician/model/actor,Uti Nwachukwu has emerged as the winner of Big Brother Africa 2010 – Big Brother Africa All Stars.
It was a tight race as Uti and Munya were the final two housemates.
According to host IK, this was the closest ever finale with the winner securing the votes from 8 countries and the runner up from 7. Uti originally participated in the 3rd season of Big Brother Africa and was one of the housemates from previous seasons chosen to enter the Big Brother All Stars house. This is the second consecutive Big Brother Africa win for Nigeria as Kevin Chuwang Pam won Big Brother Revolution in 2009.
This season of Big Brother Africa has certainly been thrilling with various twists and turns. From the ‘barn’ to Meryl and Mwisho’s engagement. There was never a dull moment.
The finale was equally exciting. With performances from Nigeria’s MI, Jesse Jagz and 2Face as well as Kenya’s Wyre and Nigerian musician Maye Hunta who performed the Big Brother All Stars theme song “African Star“.
The final five housemates were Sheila, Mwisho, Lerato, Munya and Uti. With Sheila exiting first, followed by Mwisho and then Lerato.
In addition, all the previously evicted and removed housemates were present at the grand finale. Evicted housemates Meryl provided one of the highlights of the night when she was asked by IK what she would choose, her man – Mwisho or the $200,000 prize, she replied “As much as I love paper, I love my man“. Love is beautiful! We wish them all the best.
As for Uti, it is a sweet victory after a tough 91 days. While he was in the house, his father passed away. Now, he can go home and be with his family. In addition, he launched his debut single before he entered the BBA House. We bet the $200,000 prize will help him push his music career a bit further..
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