Business
NEWS PAPER, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY SUNDAY 22 OCT. 2017

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Tracking Times News Hour |
Daily Independent
NCP To Lagosians: Demand For Financial Accountability From Ambode, APC
Nnamdi Kanu’s Absence In Court: How Liable Are His Sureties
Operation Crocodile Smile 11′: Niger Delta Communities Under Siege, IYC Cries Out
Alleged $25Bn NNPC Fraud Should Not Be Swept Under Carpet, Rights Group Tells Buhari
Nigeria To Play ArgentinaIn Russia Nov 14
LMC Should Provide Ambulances At Match Venues ‘ Olatunbosun
Breaking! Huddersfield End Man United’s Unbeaten Run, Win 2-1
Batshuayi Scores Twice As Chelsea Beat Watford 4-2
Setting Realistic Agenda For Super Eagles In Russia
Tribune
Nigeria, Pakistan joint commission to be revived ‘Buhari
ABUAD convocation: Alaafin joins call for special funding for private varsities
Obong of Calabar rallies support for President Buhari
Director hangs self in Kogi, days after wife gives birth to triplets ‘Owed 11 months salary
NAPTIP arrests housewife for pushing sister-in-law into boiling water
2 best, 2 worst UNILORIN graduates receive scholarship
The challenge of Africa is not planning but implementation ‘Buhari
When old students rallied to save CSS
Anambra governorship election: Candidates, platforms and the father of all battles
Oriental Times
Beg God, Nigerians For Forgiveness – APC Tells Jonathan
Nigerians Don’t Trust You, They Only Fear You – Jonathan Continues Attack On Buhari
FG Weakening Judiciary Through Systematic Intimidation – Wike
Fani-Kayode: The March For Freedom And The Monster From Futa Jalon
A Good Man Called Tony Elumelu | By Dele Momodu
Retire Back To The Village Or I Will Expose You, VON DG Osita Okechukwu Threatens Jonathan
FG Must Include Presidency Cabal, APC Members In List Of Looters To Be Published – Shehu Sani
Buharism — The Definition Of Cluelessness | By Reno Omokri
Buhari Does Not Deserve Second Term – Junaid Mohammed
IYC Sends Serious Warning To Military Over Operation Crocodile Smile II Exercise In Niger Delta
Punch
Police nab couple trying to buy baby for N15,000
Al-Makura will sell Govt House one day Maku
Protests cant give you Biafra, PDC tells IPOB
FRSC commander laments poor working condition
Dont deceive us with second Niger Bridge, MASSOB tells FG
Court orders CBN, banks to freeze accounts without BVN
Kakanfo: My father was criticised, Abiolas son tells Adams
Criticisms against Buharis N135bn virement request political Senator
Kachikwu/Baru: Senate panelists deny pressure from Presidency
Daily Times
NAF neutralises gathering of insurgents, sets structures on fire
Aare Ona Kakanfo title not synonymous with early death Gani Adams
21,650 write UI post-UTME exam
US, UK biggest recipients of looted funds from Nigeria Expert
We will complete second Niger Bridge, Enugu/Onitsha expressway before 2019
North Koreas nuclear weapons are meant for US only diplomat
Awosika: The Era of oil is long gone
Alaafin solicits special funding for private varsities
Campaign for Democracy sacks General Secretary, elects successor
New Telegraph
Airports and the proposed concession
Why we still use embalmment chemicals ‘Bakers
1,272 students fail Law School exams
Southern govs to storm Lagos over restructuring, security
Rochas and the Liberian children
History won’t forgive Buhari if
PDP Chairmanship: The gladiators, their chances, weaknesses
FG to seize funds accounts not linked to BVN
African leaders must unite for development -Buhari
Thisday
What is Human Life Worth in Nigeria
Okorochas Naked Dance!
Plateaus Endless Hydra-headed Crises
Between Emmanuel and Ekere: The Politics of Their Rivalry
Jonathan, Dickson and the Growing Ijaw Discontent
Gani Adams, Truly the Yoruba Generalissimo!
That World Bank Debate
The Race for PDP National Chairmanship
Constitutionalism and the Challenges of Leadership in Africa
World
11 Pretzel Hacks That’ll Rock Your Whole World – Yahoo
16 Egyptian police officers killed in shootout with militants – CNN
A Simple 3-Step Method To Protect Your Portfolio In Q4 – Forbes
Aaron Judge made a ridiculous catch to rob a home run in Game 7 of the ALCS – Business Insider
All 5 living former presidents appeared together at a concert to raise money for hurricane relief – Business Insider
Bitcoin is a lot like Bangladesh when it comes to investing – Business Insider
Boy kicked out of Cub Scouts after challenging Republican senator accused of racism – Yahoo
Can I Get Fired If My Boss Finds Out I’m Job Hunting – Forbes
Catalan leader pressured from all sides – Yahoo
Chinese propaganda faces stiff competition from celebrities – Associated Press
Coming into fashion – BBC
Corey Feldman Begs for Peers Who Witnessed Pedophilia in Hollywood to Come Forward – Yahoo
Czech election: Landslide for Andrej Babis’ ANO – Al Jazeera
Czech Trump’ clinches election victory, eurosceptics boosted – Yahoo
Dangerous work – BBC
Death of Woman’s Dog Literally Broke Her Heart – Forbes
Demetrius ‘Boo Boo’ Andrade, After Scoring Easy Win, Is Ready For Middleweight Fame and Fortune – Forbes
Detroit Red Wings Clear Cap Space For Andreas Athanasiou With Riley Sheahan Trade – Forbes
Daily Trust
Epic struggle for senatorial seat in Kogi East
INEC provides magnifying goggles for albinos
Anambra govship: Why Obi is against my second term Obiano
We can restructure in harmony – APC woman leader
APC inaugurates North East working committee
Signs and symptoms of monkey pox
Dont regulate businesses out of existence
Food security: Actor urges youth to embrace agric
Im not interested in Real Madrid move – Kane
BusinessDay
2019: APC now jittery of reunited PDP in Oyo -Makinde
Every section of Nigeria should develop at its pace ‘ Nkem-Abonta
Dead assets’ in housing deficit environment
Church leaders need to take support for mission work more seriously ‘ Rev. Ajiboye
The Zuma statue in Imo and the opportunity cost
Sketches With Zebulon Agomuo
9 days to expiration of ASUU’s ultimatum: Will FG meet the conditions, or
Panel says Abia judiciary overstaffed, submits report on reform
Lagosians in earnest expectation 17 days to Bonnke’s Gospel Crusade
Vanguard
Open Grazing Prohibition Law: Our support for Gov. Ortom is total ‘ Benue’s tribal leaders
LGA polls: Johnny warns against rigging
Inside Oba Ewuare’s reforms: The rules that must be obeyed
Why Delta govt should take over cottage hospitals ‘ Ukori, Ijaw leader
Our herbal medicine programme not to encourage fetish activities ‘ Prof. Okonofua
Rains stop, Ondo mobilises to fix roads
Are Ona Kakanfo’s origin, myth and power by Prof. Banji Akintoye
Anambra people will vote in Nwoye, says Ogbogu
Animals more secure in Nigeria than Nigerians ‘ Isa Aremu
Leadership
Elumelu In Africapitalism
Why Agitations Fester In Nigeria Adokwe
How Parties, Candidates Will Battle In Anambra Guber
Reps To Pass Bill On Climate Change Agency Soon Chairman
JAMB To Deploy Malpractice Device For Future Examination
37 Job Openings For Young Nigerians In UN Amina Mohammed
Gowon, Ekwueme Symbol Of National Unity Dickson
Al-Makura Sanctions Appointment Of Private Legal Practitioners As Judges
Buhari Orders Minister To Convene Summit To Tackle Problems In Education Sector
SPORTS HEADLINES
2017 African Patrons Polo: Abuja Almat Group retain General Hassan Cup – Daily Trust
40 teams show up for 2017 Kaduna International Polo fiesta – Daily Trust
9mobile rewards football enthusiasts – Vanguard
Agent: Mbappe only wanted Barca – Kickoff
Aguero equals Man City all-time scoring record – New Telegraph
Ajax return to winning ways – Kickoff
Alabama Blows Out Tennessee 45-7 Behind Dominant Defense – Bleacher Report
Alex Cora Reportedly to Sign 3-Year Contract as Manager of Red Sox – Bleacher Report
Amakhosi to pounce on Castro – Kickoff
AmaZulu come back to stun Downs – Kickoff
Americans use my Olymipic medal to motivate their kids Yusuf-Olukoju – Punch
Argentina confirm Nov. 14 friendly against Eagles – New Telegraph
Argentina Name Messi, Aguero, Di Maria For Nigeria Friendly – Complete Sports
Arrows salvage a point against Polokwane – Kickoff
Arrows snatch a point at Baroka – Kickoff
Aruna Quadri Crashes Out of ITTF World Cup – Osun Defender
Aruna Quadri crashes out of ITTF World Cup – New Telegraph
Barca down Malaga at Camp Nou – Kickoff
ENTERTAINMENT HEADLINES
5 Ways to Eat Healthy Without Going Broke – Bellanaija
Abused and battered: Nigerian celebs who have suffered domestic violence – Vanguard
Actress Peggy Ovire put her best foot forward in this Birthday Shoot! – Bellanaija
Adekunle Gold bares all on his new song Money – Daily Times
Adeniyi Johnson And Seyi Edun Are Reportedly Expecting Their First Child Together – Daily Times
After grand premiere, Blade Runner 2049 storms cinemas – Vanguard
Agbonmire Ifeh: From Lagos to Accra for a Destination Wedding – Bellanaija
American Audio/ADJ products berth in Nigeria – Vanguard
Araba: Excelling in a Male-dominated Profession – Thisday
AY Makun talks to CNN on how Recession affected his Movie 10 Days in Sun City – Daily Times
Bernice burgos looks smashing in red for Dbanj club tour – Miss Petite
Between Emmanuel and Ekere: The Politics of Their Rivalry – Thisday
Bossladies Nest 24: The morning after – New Telegraph
Check out the EPL table + all of today’s match results – Linda Ikeji
Business
As Nigerians Battle Pains Of Soaring Petrol Price
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy.

BY IFEANYI MOGBOLU
The Daily Times-The latest fuel price hike in Nigeria is beyond frustrating. Every time we think it can’t get worse, it does, and yet again, ordinary Nigerians bear the brunt of it.
It’s like a never-ending cycle, where the government’s promises of reforms or stabilisation always end up as empty rhetoric. The cost of living is already sky-high, and now, with fuel prices rising again, transport fares, food prices, and basic commodities are bound to follow suit.
It’s enraging because it doesn’t feel like anyone is truly considering the everyday citizen who is struggling just to survive.
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy. The subsidies are gone, and now we’re left in a situation where the prices of everything keep climbing, while salaries remain stagnant or non-existent for many.
The disparity between the elites and the masses is growing, and it feels like nobody in power truly cares about the suffering of the people.
READ ALSO: NNPC Lied About Pump Price, Our Fuel Is 15% Cheaper Than NNPCL’s Imported Ones — Dangote
Hardship: ‘Suspend All Policies Impoverishing Nigerians’, NASME Begs Tinubu
Naira Hits Six-month Low In Official FX Market, Prof. Steve Hanke Slams Tinubu
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground.
It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum. The state of living is unbearable, and the lack of empathy or real action from those in power only adds salt to the wound.
There’s a deep sense of anger and betrayal that comes with seeing your country’s wealth mismanaged, while the people continue to suffer. It’s hard not to feel like we are constantly being taken for granted, pushed further into hardship without any hope of relief. Something has to give, because this state of affairs is unsustainable.
QUOTE:
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground. It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum.
Business
Nigeria To Receive $5.600,000 From Bill Gates, For Health And Agricultural Reforms, GMOs
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Bill and Melinda Gates Foundation is giving Nigeria through Vice President Kashim Shettima, a $5.600,000 funds to speedy up health and agricultural reforms in favour of the GMOs in Nigeria, and flood relief.
Through the Foundation’s head of Global Development Programme, Dr Christopher Elias, Bill Gates pledged $5 million grant approved for Lagos Business School and partners to develop the agricultural economics they called “industrial cassava” and $600,000 for flood relief in Borno State and other health sector initiatives.
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.
Recall that on 4 September, Bill Gates had described the Nigeria’s economy as “stagnated” and proposed agricultural reforms for faster and increased growths in crops, fruits, vegetables amongst others to enhance nutritional values of the Nigerian citizens through the agricultural sector.
In that meeting Chaired by Vice President Kashim Shettima, Bill gates urged Nigeria to adopt “innovative crop varieties with shorter growing periods, higher yields, and better pest resistance” pointing to the GMOs to address the food crisis.
READ ALSO: Bill Gates, Anthony Fauci and conspiracy theories (part 2)
Nigeria’s economy stagnated – Bill Gates
Nigeria Is Not Meant To Exist, A Collateral Damage And British Royal Niger Corporation -Burna Boy
Moreover, at the 79th UN General Assembly in New York, VP Shettima reaffirmed to the Bill and Melinda Gates Foundation, the commitment of the administration of President Bola Ahmed Tinubu prioritizing health, nutrition, and agricultural development in Nigeria’s national agenda.
In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.
He emphasised the Federal Government’s dedication and urgently working to secure locations for maize production under the Telemaze programme.
VP Shettima, promising swift action to the Gate’s Foundation on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.
“We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.
“With the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”
In his response, President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is burdened with worries of the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”
Speaking of Polio, the Foundation said, “We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.
Also, President of Global Growth & Opportunity Division at the Bill & Melinda Gates Foundation, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme emphasizing that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.
In his words, “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees stressed.
He requested import permits for 5,000 metric tons of certified GMO maize seed to build a foundation seed system in Nigeria.
Business
Managing, Leading, Building Institutions And Sustainability
The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future.

By Babs Olugbemi
One of my concerns for leaders is their capacity to be ambidextrous. Regardless of years of experience, knowledge, and leadership capacity, the lack of a clear distinction between managing and leading on the one hand, leading and building institutions on the second layer, and ultimately focussing on sustainability is a significant threat to successful leadership change.
I have followed events and people at C-suites, coached some, and developed frameworks for leadership development. Based on the personalities and styles of the new leaders, I have confirmed my fears about leadership sustainability in most African organisations.
“Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.”
The challenge for leaders is how to lead for the present and future without losing sight of the stakeholders’ immediate performance expectations. Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.
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Afrocentric colonialism: The new face of African oppression
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In my walk as a leadership coach, I have keenly observed leaders who are managing rather than leading. Managing involves ensuring that processes achieve their intended outcomes. Leaders are above managing and should focus on creating an enabling environment for innovation, inventions, and team collaboration. The primary role in leading is not to monitor process outcomes, though critical to the company’s overall objectives, but to align corporate values with the people’s aspirations to create an engaged and ownership-thinking mindset ready to take on challenges and explore opportunities. An alignment of corporate and personal goals will not only deliver the present performance expectations. Still, it will also incubate innovations to adapt to future market demands and the sustainability of the business.
Unfortunately, the capacity for ambidexterity is rare and often marked by leaders’ exposure, approach and styles, perception, and perspective of their roles in the organisation. A leader with a wrong foundation in these areas is set for failure and awaits unfavourable decisions from the board of directors. A top-level leader might manage their teams instead of leading them. Not all leaders can combine leading for the present with building institutions. However, anyone able to submit themselves to an institution-building mechanism can champion sustainability. Aside from being a leadership coach, I help leaders achieve sustainability.
Mathematically, creating an ambidextrous organisation is beyond leading. It is to lead and build an institution that focuses on sustainability in all aspects of the organisation—employee fulfilment, customer retention, strategy effectiveness, performance evaluation, stakeholder management, process improvement, and goal congruence.
In a nutshell, the role of successful leaders in ambidextrous organisations is striking a balance between exploiting current assets and capabilities to ensure short-term success and allocating enough energy and resources to exploration to ensure future viability. The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future. The two seemingly contradictory aspects—exploitation and exploration—encompass different strategies and processes and have different targets and outcomes (March 1991; O’Reilly & Tushman, 2004; O’Reilly & Tushman, 2013).
O’Reilly and Tushman described the two concepts as follows:
- Exploiting: Exploiting involves building on an organisation’s achievements and maximising returns on previous investments. It focuses on responding to current business demands to remain efficient and competitive within an established market niche, as well as on maintaining an existing customer base and stakeholder relationships. Examples of exploiting are activities focused on continuous improvement, benchmarking, and redesigning business processes.
- Exploring: Exploring focuses on expanding an organisation’s knowledge and capabilities, pioneering new products and services, and discovering and venturing into untapped markets.
The common area of practical bottlenecks in exploiting and exploring in organisations is a need for foundational trust and cohesion among the resources, especially the human capital, which are often treated as costs rather than assets to the organisations. Among all the factors of production, only humans can be ambidextrous with the capacity to think about changes in economic parameters and adjust their behaviours to match the time, content, and contextual requirements.
While organisations might have the resources to deploy in fighting competition, technology to obtain first-mover advantages, and production capacity to maximise output from input, none is compared with the potential of an engaged workforce.
Therefore, for leaders to be successful, they must refrain from operating in the realm of managing. They should operate in the capacity of institution builders, with the mindset of creating sustainable leadership and growth with people first and other factors of production second.
Consequently, only the leaders who prioritise their people over profits, pride, and organisational arrogance will be successful in the long term.
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News5 years ago
$800m oil fraud: resign as Petroleum Minister – Frank tells Buhari, asks for probe
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Biafra5 years ago
PROPHECY: Powerful Prophecies for Mazi Nnamdi Kanu and Chief John Nnia Nwodo by Pst. Maxwell Nnawuihe (Text & Video)
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FUEL: PPPRA removes new petrol price post as NNPC insists no hike
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Suspected Fulani militia kill two in fresh Taraba attacks
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