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Below are the headlines found on The Tribune Online Newspaper for today, Wednesday17 January, 2017.

Wed, 17 Jan 2018

Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift Nigeria crude and ultimately boost indigenous capacity.

This new encouragement was a fall out from the stakeholders’ engagement on changing Nigeria’s crude oil affreightment trade term from FOI to CIF which was organised by Nigerian National Petroleum Corporation (NNPC) and the Nigerian Maritime Administration and Safety (NIMASA) held on Tuesday at the NNPC Towers in Abuja.

The Minister of State For Petroleum Dr. Ibe Kachikwu who declared the event open welcomed the development, noting that the issue on this trade term is an aged long challenge that has lingered too far and charged participants to come out with resounding resolutions that would be of National benefit.

The Director-General of NIMASA, Dr. Dakuku Peterside who presented a paper titled, The Imperatives of Changing Nigeria’s Crude Oil Affreightment Trade Terms From FOB to CIF pointed out that the Changing landscape of Nigeria’s maritime sector viz-a-viz its security architecture, capacity, and other determinants has necessitated the Change now than ever before.

Dakuku stated further that the CIF, if implemented, will “encourage indigenous fleet expansion, lead to massive job creation for qualified Nigerian Seafarers, create opportunities for mandatory sea time experience for Nigerian cadets and build expertise and competence in international shipping trade”

According to him “Nigeria is one of the major exporters of oil and gas resource in the world, and she averages an output of 1.92 million barrels of crude oil per day so this volume generates huge freight for carriers. Regrettably, Indigenous shipping operators have an insignificant share of the freight earned from the carriage of Nigeria’s crude compared to foreign counterparts”. The DG lamented.

Dr. Dakuku also stated that OPEC nations such as Iran, Indonesia, Algeria, Kuwait, Angola, Venezuela, UAE and Libya allow indigenous operators to participate actively in shipment of the crude oil, stating that with the right policies in place Nigeria can build its own capacity and one of this is the change of terms of trade for Nigeria’s benefit.

Also speaking at the event the Group Managing Director of the NNPC Dr. Maikanti Baru stated that the Corporation does not have any reason not to allow Nigerians lift crude that there were conditions which made NNPC opt for the FOB trade. He, however, noted that the NNPC also sees benefits in the CIF trade term but processes have to be followed which may include transition period before finally opting for the CIF trade term.

Shipowners and major stakeholders who spoke at the engagement lauded the initiative. Barr. Temisan Omatseye a former DG of NIMASA who is also a Shipowner pointed out that there is a lot of benefit in the CIF trade term. He stated further that it would eliminate crude theft, create employment and ultimately compliment the diversification drive of the Federal Government.

In the same vein, the President of the Ship Owners Association of Nigeria (SOAN) and Managing Director of Starz Marine Group, Engineer Greg Ogbeifun observed that what is needed to make the great CIF initiative to grow the Nigerian shipping industry and the economy is the needed Government support, which is coming at the right time, when the country wants it most to diversify the economy.

All other stakeholders who spoke at the event including leading members of the Nigerian Shipowners Association (NISA) and Master Mariners unanimously agreed that the CIF trade term would be more beneficial to the country than the present FOB on which the crude lifting is currently based upon.

Wed, 17 Jan 2018

Governor Abiola Ajimobi of Oyo state has said that the issue of irregular payment of workers’ salaries in the state will become of the past by the next three or four months.

He premised this assurance on the continued commitment of the state government to total utilization of monthly allocation from the federation account and strict management of state’s resources towards the payment of workers’ salary.

Ajimobi who gave this assurance on Tuesday at an inter-faith prayer session to mark the commencement of the year 2018 in the state, attributed irregular payment of salaries to the scarcity of financial resources and dwindling federal allocation of the year 2017.

He said the commitment of the state government to clearing backlog of salaries was evidenced in the reduction of the salary deficit from seven months at the start of 2017 to currently owing to the only salary for December 2017.

“I assure you that in the next three or four months, we won’t owe our workers any salary. We will devise all means to ensure that we pay regularly. ” Ajimobi said.

Addressing civil servants who converged on State Secretariat for the event, Ajimobi harped on the need for resourcefulness and professionalism in the state’s civil service.

He ruled mass promotion of workers but stated that promotion will be based on efficient performance and service delivery.

“Promotion must be based on performance and service delivery. No more mass promotion,” Ajimobi said.

In asserting the commitment to the good health of civil servants, Ajimobi said that effective January 2018, the state health insurance scheme had become compulsory for all public and civil servants in the state.

The event saw Ajimobi award the sum of N100,000 each to several civil servants across Ministries, Departments, and Agencies identified as most efficient workers.

Meanwhile, Ajimobi has lauded the outgoing state’s Head of Service, Mr Soji Eniade as quintessential, a thoroughbred professional and epitome of a true civil servant in Oyo state.

In his valedictory address, Eniade urged workers to be more dedicated and professional in their service, noting that era of mass promotion was over.

“The Performance Evaluation System in the public service will soon be reviewed. In the new arrangement, emphasis will be placed more on productivity, relevance and value addition to governance in the state. The era of mass promotion is about to end.

“Performances will be measured with commensurate reward. Only those who merit promotion would be promoted. The days of ineptitude are over. We are now in an era of strict professionalism,” Eniade said.

He, however, decried high level of decadence in the public service, most especially poor attitude and misconduct of workers, ranging from absenteeism to lateness to work, disloyalty, misappropriation of fund, at various levels of the workforce.

Clerics that attended the prayer session included, Chairman of Oyo Christian Pilgrim Welfare Board, Very Rev. Ademola Moradeyo; and Chief Imam, Oyo Government House, Alhaji Rufai Bello.

Also in attendance were, wife of Oyo Governor, Mrs Florence Ajimobi; deputy governor, Mr Moses Adeyemo and wife, Janet; Speaker of the state Assembly, Honourable Micheal Adeyemo represented by Honourable Kehinde Subair; Chief Judge of Oyo state, Munta Abimbola represented by Mrs Fatima Badrudeen; representative of Lagelu/Akinyele federal constituency, Honourable Temitope Olatoye; Chairman, All Progressives Congress, Oyo state, Chief Akin Oke.

Wed, 17 Jan 2018
The Coalition of Civil Society Groups against terrorism in Nigeria, has expressed concern, over the largely negative impression, being promoted by a section of Nigerians, particularly in the social media, which is aimed at criminalising [...]The post Group laments criminal image of Fulani on social media appeared first on Tribune. 

Wed, 17 Jan 2018
The Presidencyon Tuesdaynight rejected assertions it claimed were made by theGeneral Secretary of Christian Association of Nigeria (CAN) Dr. Musa Asake, who suggested that President Muhammadu Buhari may have infringed on the country's constitution through [...]The post Presidency to CAN: Buhari won't violate constitution appeared first on Tribune. 

Wed, 17 Jan 2018
Lagos State Police Commandon Tuesdayconfirmed the arrest of an Islamic cleric, Alfa Kayode Abdul-Fatai in Alakuko area of the state for being in illegal possession of human parts including a female private organ. Public Relations [...]The post Police nab Islamic cleric with human parts in Lagos appeared first on Tribune. 

Wed, 17 Jan 2018
Governor Ayodele Fayoseof Ekiti State has lamented the mass unemployment challenge currently facing the country, describing it as a time bomb to which the government must pay an urgent attention to. He made the remarks [...]The post N-Power: Fayose laments mass unemployment, says its time bomb for Nigeria appeared first on Tribune. 

Wed, 17 Jan 2018
FOLLOWING Pastor Tunde Bakares State of The Nations broadcast, Nigerians have backed the call for renegotiation of the country's unity. Trending Topic Forum on Facebook engaged Nigerians on social media in a discussion on the [...]The post Nigerians back Pastor Bakare's call for renegotiation of country's unity appeared first on Tribune. 

Wed, 17 Jan 2018
THE Federal Government on Tuesday revealed that due to too many encumbrances on the projects right of way, the $1.5bn Lagos-Ibadan rail project earlier scheduled for completion by December 2018, might no longer be feasible. [...]The post $1.5bn Lagos-Ibadan rail project behind schedule 'FG appeared first on Tribune. 

Wed, 17 Jan 2018
EVERY year, the Armed Forces Remembrance Day is held to celebrate the courage and sacrifice of our soldiers who have repeatedly had to pay the supreme price for securing the oneness and unity of our [...]The post Remembering our soldiers appeared first on Tribune. 

Wed, 17 Jan 2018
Nigeria's recent fuel scarcity was partly blamed on inefficient fuel supply logistics. One of the critical storage facilities is Ore depot which has been neglected for over eight years. In this report, OLATUNDE DODONDAWA examines [...]The post Neglect of Ore depot: 8 years, still counting appeared first on Tribune. 

Wed, 17 Jan 2018
Global real estate markets witnessed diminishing returns in 2017, which gave room for investment diversification, a development which led to the expansion of the frontiers of the real sector, a newly released report by the [...]The post Why alternative investments thrived above global real estate market in 2017 appeared first on Tribune. 

Wed, 17 Jan 2018
Having had 14 generalissimos occupied the position of Aare Ona Kakanfo in the history of the Yoruba people, the Alaafin of Oyo with the support of the Yoruba traditional rulers and the general Yoruba people [...]The post Cultural tourism my focus as Aare Ona Kakanfo 'Gani Adams appeared first on Tribune. 

Wed, 17 Jan 2018
AT least ten people were killed Monday after a bridge collapsed near Bogota, Colombia, according to the countrys Civil Defense authorities. Known as the Chirajara bridge, the structure was under construction and not operational at [...]The post Colombia bridge collapses kills at least 10 appeared first on Tribune. 

Wed, 17 Jan 2018
Nasir Umar is a trained teacher and former principal of the famous Barewa College, Zaria. He is the current executive chairman of Kaduna State Universal Basic Education Board (SUBEB). He speaks with MUHAMMAD SABIU on [...]The post We should not bring politics into education 'Kaduna SUBEB boss appeared first on Tribune. 

Wed, 17 Jan 2018
He came to the job with an intimidating profile. and he Is, in his usual style devoid of noise and self-adulatory gradually but surely turning around the face of the health sector in [...]The post Adewole: Changing the narrative in health ministry appeared first on Tribune. 

Wed, 17 Jan 2018
35 years old Mr Temitope Omotayo is a lawyer and governorship aspirant in Ekiti State under the Young Progressive Party (YPP). He speaks with Victor Ogunyinka on his party's strategy for the coming election and [...]The post Our social relationship with Ekiti people will give us victory appeared first on Tribune. 

Wed, 17 Jan 2018
The Nigeria Natural Resource Charter (NNRC) has disclosed that regulatory authorities in the Nigeria petroleum industry lack the requisite capacity to effectively monitor operations of companies in the industry. This was contained in NNRC's presentation [...]The post Oil sector regulators lack capacity to monitor effectively 'Reports appeared first on Tribune. 

Wed, 17 Jan 2018
Minister of Power, Works and Housing, Mr Babatunde Fashola, has said Nigeria's power transmission capacity grew by 1,900 megawatts (MW) in 2017. The minister, who spoke at the 23rd monthly power sector operators' meeting held [...]The post Transmission capacity grew 1,900MW in 2017 'Fashola appeared first on Tribune. 

Wed, 17 Jan 2018
Safety Arena, the new initiative put in place by the Lagos State government has been receiving commendations by many residents, who have the knowledge of what Bolade-Oshodi area of the metropolis was in the past. [...]The post Residents applaud Lagos govt over Bolade-Oshodi safety arena initiative appeared first on Tribune. 

Wed, 17 Jan 2018
THE suit challenging the Federal Government over the forfeiture order it secured from a Federal High Court in Abuja, to take over of monies not linked to Bank Verification Number (BVN), could not be heardon [...]The post Court adjourns hearing of BVN matter till March 1 at FGs instance appeared first on Tribune. 

Wed, 17 Jan 2018
THE Emir of Kano, Muhammadu Sanusi II, has charged the management of Sterling Bank to focus more on agriculture financing in support of the Federal Governments goals of diversifying the economy to address the country's [...]The post Emir of Kano advises Sterling Bank to focus on Agriculture appeared first on Tribune. 

Wed, 17 Jan 2018
THE Debt Management Office (DMO) has indicated that a total of N1.2trillion has been released by the Federal Government for capital projects in the 2017 Appropriation Act. The office noted that the release of such [...]The post 2017 appropriation: N2trn released for capital projects appeared first on Tribune. 

Wed, 17 Jan 2018
The Kogi state government has said it would benefit from a $500 million World Bank facility meant for rural development in parts of the country. The state commissioner of rural development, Paul Enema, who disclosed [...]The post Kogi benefits from World Bank facility appeared first on Tribune. 

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