Wednesday

Buhari commissions Abuja–Kaduna rail, Nigeria Deports 3 Koreans for Immigration-Related Offences, Nigerian man beaten to death in South Africa and other major headlines you missed today!



Dear KFBers, hope you had great day? Just before you go to bed, here are some major headlines you missed today..
 Buhari commissions Abuja–Kaduna rail
President Muhammadu Buhari, yesterday, commissioned the $1.457 billion Abuja-Kaduna rail services. The president said the federal government would link all states and commercial centres in the country with rail lines. The president later took a train ride from Idu to Kubwa, a suburb of Abuja.
The 186.5 km standard gauge track built by the China Railway Construction Corporation has double lines. The Abuja-Kaduna route has nine stations and the train can travel at up to 150 km per hour.
Meanwhile, Minister of Transport, Rotimi Amaechi, has expressed confidence that the Abuja–Kaduna railway service will decongest the overpopulated Federal Capital Territory (FCT), arguing that employees can live in Kaduna and work in Abuja.
Speaking during the commissioning of the Standard Gauge railway service, the minister described it as the actualisation of the change agenda of the President Muhammadu Buhari-led All Progressives Congress (APC) administration.
“As we gather here today, we recall that the contract for the construction of this railway was awarded by President Olusegun Obasanjo, partially executed by President Goodluck Jonathan and completed by President Muhammadu Buhari,” Amaechi said.


 Nigeria Deports 3 Koreans for Immigration-Related Offences

Minister of Interior, Abdulrahman Dambazau
Minister of Interior, Abdulrahman Dambazau
The Federal Government says it has deported three Koreans for immigration-related offences and warned expatriates to respect the laws of the land.
This is ‎contained in a statement issued by the Spokesperson of the Nigeria Immigration Service (NIS), Ekpedeme King, on Wednesday in Abuja.
It gave the names of those deported as Lee Yoo Song, Lee Byeung Woo and Moon Een Soo.
It said that the Minister of Interior, retired Lt. -Gen. Abdulrahman Dambazau, in the exercise of the powers conferred on him by sections 45(2) and (3) and 44( 1e) of the Immigration Act 2015 signed the Deportation Order.
“With the deportation order in force, the three (3) Koreans will not be eligible to enter Nigeria again through any port in the next ten years,” King said.
He said the Comptroller-General of the NIS, Muhammad Babandede had warned expatriates and employees in the country to obey all laws of face sanction.

Naira sinks to all-time low of 334.50/$1

 

Nigeria naira weakened to an all-time low of 334.50 against the dollar on the interbank market on Wednesday, a day after the central bank hiked interest rates to try to lure foreign investors back into local assets, traders said.
According to Reuters, the  naira fell 5.8 per cent on Wednesday from its opening rate, and $10 million was traded at the new record low.
Traders said investors were pushing the currency lower to test the limit of how far it can fall, given a spread of almost 12 per cent between the official and black market naira rates.
Although the local currency at the spot market berthed at N330.12 at the official closure of the interbank market, some traders speculated that there was extended trade which saw the naira closing at N334 to the dollar.
According to dealers, $10 million was traded at the new record low, even as investors were pushing the currency lower to test the limit of how far it can fall, given a spread of almost 12 percent between the official and black market naira rate.
The Nigerian currency opened at N377 and closed at N378 against the dollar by Wednesday afternoon, a rate it had maintained for two days running.
The naira weakened further against the Pound Sterling but retained its rate with the Euro as it exchanged for N492 and N413, from N490 and N413 it posted on Tuesday.
At the Bureau De Change (BDC) segment of the market, the naira closed at N375, N490 and N405 against the dollar, Pound Sterling and the Euro, respectively.
Dealers said the naira’s performance against the dollar followed reports of pressure in foreign exchange supply, mainly at the interbank market segment, just as the  local unit failed to lure in local investors, or foreign players as trade dried up a day after interest rate hike from the central bank.
Traders said there was slight stability in the exchange rate of  Naira to Euro as the local unit recorded little or no changes to Monday’s close of N340.504 to the Euro, and N406.875 to the British Pounds same.

APC governors move to save Saraki, meet Buhari
Governors elected under the platform of the All Progressives Congress (APC) have resolved to wade into the crisis rocking the National Assembly in what appears a move to save the embattled Senate President, Bukola Saraki as well as bring about stability in the polity.
The decision was reached after meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.
The meeting, which started at about 2 pm, also had the Vice President, Prof. Yemi Osinbajo, in attendance.
While Senate President Saraki is facing criminal charges of forgery and false declaration of assets, the Speaker of the House of Representatives, Yakubu Dogara and some other leaders of the House are currently enmeshed in allegations of corruptly padding the 2016 budget to corner billions of naira in the guise of constituency projects.
Nigerian businessman beaten to death in South Africa
A Nigerian businessman was beaten to death in Limpopo Province of South Africa, the Nigeria Union in the country confirmed on Wednesday.
Mr Collins Mgbo, Secretary of the Union`s chapter in Limpopo, said  that Ikejiaku Chinedu, 35, was killed by guards of a private security firm at about 8.00 p.m on Tuesday.
He said that the deceased was an indigene of Ogwa, Mbaitoli Local Government Area of Imo and married with three children.
“One of our members here, Ikejiaku Chinedu was killed at the outskirts of Polokwane, Limpopo Province of South Africa.

“Information available to us showed that guards of the security company chased and arrested him, he was beaten.
“The autopsy result we have showed that there were bruises all over his body, showing that he was beaten to death or suffocated,” he said.
Mgbo said the union had reported the incident to the South African police for investigation.
“The South African police assured us of thorough investigation to ensure that justice is done.
“We have also reported this incident to the national secretariat of our union in Pretoria,” he said.
The President of the Union, Mr Ikechukwu Anyene, said it had received report of the incident.
“We have received report of this sad incident. We call on the South African police to investigate this matter and bring the culprits to book,” he said.
Anyene said that 15 Nigerians had been killed in South Africa since the beginning of the year.
Anyene said the union would send the report to the Nigerian Consulate for necessary action.

Sokoto govt. gets N4bn loan for farmers
Alhaji Nagwari Tambuwal, Sokoto State Commissioner for Agriculture and Natural Resources, said the State Government had accessed N4billion loan for its medium and large-scale farmers.
Nagwari who stated this at a ministerial briefing in Sokoto on Wednesday added that the loan was accessed from Zenith Bank.
He said the loan would specifically go to rural farmers to enable them to purchase basic farming inputs for the cultivation of crops for domestic consumption and export.
He added that a committee had been constituted to ensure that only genuine farmers benefited from the loan.
The commissioner stressed that the State Government was determined to provide state-of-the-art equipment to modernise farming in the state.
He also said the government was poised to encourage youths’ participation to promote all year round farming.

85-year-old priest killed in French church
Assailants loyal to Islamic State forced an elderly priest to his knees before slitting his throat and took several worshippers hostage in a French church yesterday before police shot the attackers dead.
It was the latest in a wave of attacks in Europe inspired by the Islamist militant group based in Iraq and Syria that is on the defensive against a United States-led military coalition in which France is a major partner.
The knifemen entered the church during morning mass near the northern city of Rouen, northwest of Paris, killing Father Jacques Hamel, an 85-year-old parish priest, and taking four other people hostage, one of whom was seriously wounded.
“They forced him to his knees and he tried to defend himself and that’s when the drama began,” Sister Danielle, who escaped as the attackers slayed the priest, told RMC radio. “They filmed themselves. It was like a sermon in Arabic around the altar,” the nun added.

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