Following return of peace to Niger Delta region, Anglo-Dutch oil firm, Royal Dutch Shell, has commenced gas production from the second phase of Gbaran-Ubie project sited within South-South region of Nigeria.
The project, which was announced by the firm, was an expansion of the Gbaran-Ubie development which it opened seven years ago.
Shell, through its Shell Petroleum Development Company of Nigeria subsidiary, on Wednesday, said the project would reach peak production of around 175,000 barrels of oil equivalent per day in 2019.
Shell Petroleum Development Company of Nigeria is the operator of a Nigerian joint venture between state-owned Nigerian National Petroleum Corporation, Total E&P Nigeria and ENI subsidiary Nigerian Agip Oil Company.
A Spanish judge, Fernando Andreu, has sentenced two of the four surviving terror suspects linked to Barcelona and Cambrils attacks.
The court, after the hearing, charged the two, Chemlal and Driss Oukabir, for murder, membership of a terror organization and illegal possession of explosives.
Andreu, who made the rulings after the hearing, directed that the third suspect, Salah el Karib, be detained for another 72 hours for further investigated.
The judge, however, ruled that the fourth suspect, Mohammed Aalla, be freed because the evidence presented by prosecutor against him was weak.
The quartet of the 12-man terrorist cell responsible for last week’s attacks in Barcelona and Cambrils appeared at Spanish National High Court here on Tuesday.
The four suspects arrived at the court at around 8:00 a.m. yesterday after spending hours in the cells of the Civil Guard Headquarters in the town of Tres Cantos, north of Madrid.
Houli Chemlala, who was the first to speak before the judge, is reported to have testified that the terrorist cell had planned to destroy important monuments in Barcelona before a gas explosion in the house where they were preparing the attacks left him injured and two members of the cell dead.
Those replies matched what he told the Catalan regional police in the five days he had been maintained incommunicado under their custody.
Chemlal was accompanied to the court in Madrid by Mohamed Chemal, Dris Oukbar, Mohammed Alla and Salh Karib, all of whom were detained in the town of Ripoll, in Girona province, to the north of Barcelona.
Dris is the older brother of one of the terrorists who was shot by police during the attack on Cambrils in the early hours of Friday morning.
He handed himself to police few hours after the attacks, saying his brother had stolen his driving license, which was used to rent the van that killed 13 persons on Barcelona’s Las Ramblas street.
El Karib, who is the owner of a call center in the town of Ripoll, where three of the terrorists were arrested, told the court he had only helped members of the cell buy air tickets in order to earn a commission on the sale.
Aallaa, whose brother also died in Cambrils, told the judge that the although the Audi A3 used in the attack in which 5 terrorists, including his brother, were shot dead, was in his name, it was only for insurance issues.
A couple in Harare, Zimbabwe has been sentenced to two and half years each for allegedly luring 56-year-old Nyakanyaka Msipani into a false marriage relationship which culminated in the perceived marriage.
The couple, Brian Mathe, 30 and wife, Stephanie Pullen, 20, both from the high-density suburb of Mbare, opened a Facebook account recently which they used to lure Msipani
During the court proceedings on Wednesday, it was revealed that the couple played brother and sister with the husband marrying off the wife to Msipani for a bride price of $3,000.
After opening the Facebook account and hooking up with Msipani, Pullen introduced her husband Mathe as his sibling and said that the bride price should be paid to him since their parents were dead.
In order to fast track the marriage process, Msipani paid $3,000 with Mathe presiding over the marriage ceremony and said he would accompany Pullen to his residence after two weeks.
The love-struck Msipani received a call from Mathe just before the two weeks lapsed and was told that Pullen needed urgent medical assistance and caused him to pay more money for medical bills and groceries before they disappeared.
But nemesis caught up with Mathe while roving in the city as Msipani met Mathe in town and initiated his arrest immediately.
While delivering judgment, Magistrate Victoria Mashamba suspended a year each on their jail terms for five years on condition of good behavior and another six months on condition that they restitute Msipani $4,029.
Mashamba stressed that the couple deserved a custodial sentence, saying, you have looked down upon the marriage institution. They caused emotional and psychological stress to the complainant who believed that he was getting married.
An Aflao Circuit Court has sentenced a 42-year-old unemployed, Martin Worda, to five years imprisonment for dispossessing a foreigner of his money.
According to the prosecutor, Michael Akemo, an Ivorian, Drame Maki, met Worda at about 6: 30 pm recently at Ghana Private Road Transport Union public bus terminal and asked for direction to a bus travelling to Abidjan.
It was gathered that Worda, who was convicted on his own plea, agreed to help Maki locate the bus terminal but asked him to surrender all foreign currencies on him for his perusal and to avoid arrest by Ghanaian security personnel within the axis that often arrest anyone possessing fake notes.
He said as soon as the Ivorian reluctantly handed over CFA 30,000 to Maki, he took to his heels, but the Ivorian gave him a hot chase and succeeded in arresting him.
Akemo said before Maki arrested Worda, he (Worda) quickly passed on the cash to an accomplice who bolted away with it.
He said Maki single handedly pulled Worda to the Aflao Police Station, where he (Worda) admitted passing on the cash to one Sule of Zorokpone-a known den of criminals, but failed in helping the police to arrest the said Sule.
President Muhammad Buhari has cancelled the first Federal Executive Council (FEC) that could apparently allow him address economic issues affecting the country after resuming to office barely two days ago.
The FEC meeting earlier scheduled for 10am on Wednesday was called off by Buhari, even as he directed the Vice President to submit his investigation committee probe report on allegations leveled against two of his suspended aide, to him.
Secretary to the Government of the Federation (SGF), Babachir Lawal and the Director-General of the National Intelligence Agency (NIA), Ayo Oke, were the two suspended aide investigated for alleged corrupt acts.
The Investigative Committee will also present its report on the money recovered in a private building in Ikoyi, Lagos State which also involved the Director-General of the National Intelligence Agency (NIA), Ayo Oke.
Explaining further on reasons Buhari cancelled the FEC meeting, special Adviser to the president on Media and Publicity, Femi Adesina, said that the committee headed by Vice-President Yemi Osinbajo, will present their report to him at 12 noon, in his office.
It would be recalled that absence of the President had stalled submission of the report since its completion several weeks ago.
Ahead of 2019 election in Taraba state, a former acting governor, Garba Umar, has dumped People’s Democratic Party (PDP) for All Progressives Congress (APC).
Umar dumped the party two years after completing his term with former late governor, Danbaba Suntai, who was buried recently.
The ex-acting governor, who announced his defection to APC at meeting held by a group in his new party, Integrity Group, in Jalingo yesterday, said he took the decision after consultations with political stakeholders in and outside the state.
Umar said he decided to join hands with politicians of like mind to save the state from alleged bad governance, apparently referring to the incumbent governor, Darius Ishaku.
‘‘I can see future in APC, and if we work together as a team, the party will wrestle power from PDP in the state come 2019.
‘‘I want to assure you that this is the APC and I am part of it one hundred per cent. ‘I have decided to join my brothers of like mind to see how we can salvage the state come 2019.
‘‘I assure you of my unwavering loyalty and willingness to make all necessary contribution for the success of this party and our mission,’’ Umar added.
The former acting governor stated that he had made an arrangement to officially decamp along with hundreds of his supporters to the APC.
The Chairman of the APC Integrity Group, Uba Maigari, said that the party was honoured to have the former acting governor and political appointees that served under him joining the party.
Maigari stressed that the former acting governor’s goodwill and political connection would enhance APC’s chances in 2019 general elections.
Umar, fondly known as UTC, was chosen by Suntai as his deputy after the impeachment of the then Deputy Governor, Sani Abubakar.
He became the state’s acting governor after Suntai’s plane crash in 2012. But was later sacked by the Supreme Court in 2014 when the apex court ruled that Abubakar’s impeachment was illegal and ordered his reinstatement.
A couple in Alabama, United State (US), has been sentenced to different jail term for allegedly engaging in sexual act with minors.
The couple, who were identified as Charli Parker (wife) and Jamie (husband), were both teachers and allegedly lure their students into engaging in sex with them at different locations.
Charli, a former teacher at a private Christian school was first accused of having sex with two underage male students and sentenced to three years in prison after pleading guilty to one charge.
She was arrested in March and indicted on 13 counts of a school employee having sex with a student under the age of 19.
In the judgement, the 31-year-old was sentenced to 12 years in prison, though she would only serve three years, followed by five years of probation.
Parker, who was the head coach for the girls’ basketball team and taught physical education at Pickens Academy, had sex 11 times with one of the students at her home and in a cemetery between October 2014 and March 2016.
As part of the judgement, Parker must also follow the state’s sex offender law and cannot have contact with the victim, even though constitutionality of the state’s teacher-student sex law is currently under appeal.
Although the student’s name was redacted from official documents, authorities previously said her victim was male.
Not long after Parker’s arrest, her husband, Jamie, who also taught at the school and was the boys’ basketball coach, was charged with having sex with a female student.
While condemning the act, Chief Assistant Pickens County District Attorney, Andy Hamlin, told newsmen that the government will not tolerate the act.
“There needs to be a definitive line drawn in the sand that makes a statement to the public that this behaviour will not be tolerated,”
“Nobody wants to see their kids going through something like that. I have tried three or four of those cases in the last year and it’s hard on the kids and it’s hard on the parents,” said Hamlin.
Parker has been ordered to begin serving her sentence on Sept. 11, while her husband’s case is set for trial on Nov. 27.
Indications has emerged that Nigerian economy was yet to experience strategic improvement, after the Federal Government disclosed that the revenue shared between the three tiers of government slumped to N467.8 billion in August.
The apex government further disclosed that the revenue shared by Federal, state and local government was N184.2 billion less than the N652 billion shared in July.
Minister of finance, Kemi Adeosun, who disclosed the revenue shared by shared by the governments yesterday, hinted that the fund was inclusive of Value Added Tax (VAT) of N80.53 billion.
Adeosun lamented that the decline in revenue was caused by a drastic fall in revenue from Companies Income Tax (CIT) due to the expiration of the deadline for filing tax returns.
The minister, however, said oil revenues recorded an increase due to rise in export sales by $62 million.
According to her, the increase in the average price of crude oil from 50.27 dollars per barrel to 51.05 dollars per barrel and a significant increase in export volume by 1.20 million barrels resulted in increased revenue from export sales for the federation by 62 million dollars.
“Despite the increases, there were issues of leaking flow lines, shut-ins and shutdowns at terminals for maintenance,” she added.
In the breakdown of revenue given by her representative, the Permanent Secretary for the ministry, Mahmoud Dutse, at the end of the monthly Federation Account Allocation Committee (FAAC) meeting on Tuesday in Abuja, Gross statutory revenue was put at N387.31 billion.
Adeosun said the Federal Government received N193.04 billion, states N130.69 billion and local governments N98.01 billion.
She added that N31.59 billion was given to the nine oil producing states as their 13 per cent derivation, hinting that balance in the Excess Crude Account (ECA) was at $2.3 billion.
Earlier, Chairman, Forum of Finance Commissioners, Mahmud Yunusa, said it was time for the states to begin to look inwards to shore up their revenue.
“States will explore other options of revenue to depend less on revenue from the centre. We need to block leakages in revenue and come up with reforms to shore up revenue.
“We are also working on cost of running governance and any cost that is not necessary in running government needed to be reduced.”
He said reforms were currently on in the states to optimise the collection processes for revenue, adding that he was optimistic it would reduce dependence on revenue from the centre to about 50 to 60 per cent.
The Nigerian Stock Exchange (NSE) market capitalisation recorded N130 billion, representing 1.03 per cent increase, following gains posted by some highly capitalised equities.
Similarly, the All-Share Index which opened at 36,584.44 inched 378.04 points or 1.03 per cent to close at 36,962.48 as a result of price growth.
The market capitalisation closed on Tuesday closed at N12.739 trillion compared with N12.609 trillion recorded yesterday.
A breakdown of the price movement chart indicated that Nestle recorded the highest gain to lead the gainers’ table growing by N20.19 to close at N1, 220.20 per share.
Trailing the beverage firm, Total, recorded a gain of N11.40 to close the market at N239.51 and Dangote Cement completed the top three highest earners with N9.29 to close at N224.90 per share.
Forte Oil appreciated by 50k to close at N50.50, while NASCON increased by 48k to close at N13.50 per share.
On the other hand, Mobil Oil recorded the highest loss declining by N11.25 to close at N213.81 per share.
Conoil trailed with a drop of N3.30 to close at N30.59 and Flour Mills depreciated by N1.15 to close at N29.85 per share.
Zenith International Bank lost 95k to close at N23.05, while UACN was down by 85k to close at N15.07 per share.
It was gathered that LiveStock Feeds was the toast of investors in volume terms, accounting for 101.19 million shares valued at N101.12 million.
Guaranty Trust Bank (GTB) came second with an exchange of 16.48 million shares worth N670.47 million, while United Bank for Africa sold 15.06 million shares valued at N141.31 million.
Also, Sterling Bank accounted for 13.45 million shares worth N13.54 million and investors staked N110.84 million on 8.54 million of Dangote Sugar.
However, the volume of shares traded closed lower as investors bought and sold 244.32 million shares valued at N3.67 billion achieved in 3,829 deals.
This was in contrast with a turnover of 368.38 million shares worth N6.27 billion exchanged in 3,729 deals yesterday.