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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY TUE. 22 MAY 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY TUE. 22 MAY 2018

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Tracking Times – headlines


LOCAL HEADLINES:

VANGUARD

MASSOB insists on Biafra

Igbo summit: Security overwhelms IPOB as Ohaneze lists Igbo interests

Army, other security agencies patrol S’East cities on show of force

Security foils IPOB’s plan to disrupt Igbo summit on restructuring

Catholic prayer, protest holds today

INEC to engage 15,000 corps members in poll

Adeyeye denies joining APC

Ekiti APC gov primary was a charade, says group

Nigeria’s oil output drops by 150, 000 bpd under Shell’s force majeure

Farmers, herdsmen clashes force reversal of upward GDP trend

 

PREMIUM TIMES

Amidst IPOB threat, Ohaneze holds restructuring summit

Soldiers kill 35 armed persons in Benue, Taraba, Nasarawa, Zamfara ‘ DHQ

Nigeria v Atletico Madrid: Police deploy 424 personnel for security

Nigeria, others to record 3.4% economic growth ‘ IMF

Benin accident victims not JOHESU members ‘ Official

Russia 2018: Iwobi, Onazi, others hit Eagles camp

ICPC denies clearing civil servant of fraud

Magu denies nursing governorship ambition

I was bus conductor for almost a decade ‘ Small Doctor

National Mourning: Group dares police, to hold rally at Abuja unity fountain

PDP to Buhari: Respond to issues raised by Timi Frank

Suspected herdsmen kill SSS officer, soldier in Benue ambush

Falana seeks visa ban on Nigerian public officials involved in money laundering

Court orders arrest of Buhari’s probe panel investigator

 

DAILY TIMES

Ohaneze Ndigbo demands restructuring of Nigeria

Offa robbery: Two gang leaders nabbed, say police

Three suspected kidnapper, ritualist arrested in Lagos.

Police nabs medical doctor for Cybercrime

I Will Continue To Speak Against Injustice, Bad Governance, Says Dino Melaye In A Thank You Message To Nigerians, Others

Delta: APC congress begins in Asaba

[OPINION] I Want To Be Africas Biggest Philanthropist Aliko Dangote

Breaking: Metuh collapses in court

Niger Delta group lauds FG over take off of Maritime University

Agbakoba, Balewa, others to adopt political platform for NIM in Abuja today

Atiku denies visiting Jang in prison

China Calls On All Mosques To Raise National Flag

 

PEOPLES DAILY

Ganduje extends olive branch to Kwankwaso, calls for truce

Nigeria-China currency swap: 41 remain banned ‘ CBN

6 killed, 500 houses destroyed as windstorm hit Katsina

Why corruption cases are delayed, by Judicial C’ttee

2019: Buhari leads walk for credible elections in Abuja

Syrian’s kidnap: Slain Policemen families get N1m each

How we’ve come under attacks by Bassa since 1980s ‘ ENDA

UN appoints Gambari on expert team to implement Durban declaration

Deaths averted as suicide bomber caught inside Mosque

Armed bandits abduct housewives in Birnin Gwari

Kaduna LG Polls: El-rufa’i accuses PDP of cheating, threatens legal action

Taraba APC congress suspended

Confusion as two State Exco emerge in Adamawa APC parallel state congress

WORLD HEADLINES:

CNN

Japanese climber dies on eighth Everest attempt

Ex-employee sues Uber for sexual harassment

Is North Korea trying to destroy nuclear program evidence

Irish abortions happen; they just don’t happen on Irish soil

Starbucks’ new all-are-welcome policy: Now what

White House grows skeptical of Trump-Kim summit

North Korean waitresses were tricked into defecting in 2016, manager says

Trump unleashes new political earthquake with FBI spy charge

An egg a day might reduce your risk of heart disease, study says

How US school shootings compare to other countries

Body of missing Filipino woman found

Italy’s next prime minister is a political novice

Rare look at Japan’s ‘lost’ past

America’s cereal, soda and soup companies in turmoil

Dozens of migrants rescued in Brazil after 35 days at sea

Statewide alert declared as virus kills 3 in India

4-year-old in superhero cape feeds city’s hungry and homeless

Aides privately concerned about North Korea’s harsh rhetoric and the US President’s eagerness

Pence: North Korea will end like Libya only if

US wary of North Korean hackers’ prowess ahead of meeting

Former negotiator: North Koreans are studying Trump

 

BBC

Living fossil’ giant salamander heading for extinction

Why Spanish speakers in US are getting into trouble

Champions League: Test your knowledge of the 2017-18 competition

Champions League 2018: The best moments – from Roma’s comeback to that Ronaldo goal

Would a budget cap save the once mighty Williams team

Iran sanctions: Zarif condemns Pompeo announcement

Australian archbishop Philip Wilson guilty of concealing child sex abuses

North Korea summit: Pence warns Kim Jong-un not to ‘play’ Trump

Cuba plane crash: Grettel Landrove becomes 111th victim

Turkey coup trial: Court to jail 104 ex-military for life

Venezuela election: Fourteen ambassadors recalled after Maduro win

Hawaii volcano: When your home’s next to a lava flow

The jungle village hooked on their phones

US man keeps dog safely inside house he burgles

US policeman performs roadside C-section on wounded deer

Prison without guards or weapons in Brazil

Emenike to bounce back after ‘sad’ loan at Las Palmas

The Gambian village transformed by graffiti

Patients lose hip replacement court case

BBC presenter Rachael Bland reveals ‘incurable’ cancer

Nanoparticles from tea leaves ‘destroy lung cancer cells

 

AL JAZEERA

‘Who are you?’ Iran hits back at US demands

Mahmoud Abbas ‘suffers from pneumonia, condition improving’

Burundi vote allows president to extend time in power

British-Iranian jailed in Tehran faces ‘new charge’

Syria army ‘pushes ISIL out’ of south Damascus district

Italy populist parties edge closer to government

US vows ‘painful Iran sanctions’, lays out steep terms

Paraguay opens Israel embassy in Jerusalem

FBI may testify in Malta journalist’s murder trial

German footballers in bid to ease Erdogan photo row

BUSINESS HEADLINES:

12.3% of the WisdomTree U.S. Total Dividend Fund Seeing Recent Insider Buys – Forbes

15 Ways To Encourage Creative Idea Sharing From All Team Members – Forbes

18 months after, Ikeja Hotel shares resume trading – Punch

2018 Is Shaping Up as a Pivotal Year for African-American Entrepreneurship – Entrepreneur

2018 Restaurant Tech EcoSystem: Power Shift Underway with Decrease of the Data Gap – Forbes

3 Inequality Lessons From The Royal Wedding – Forbes

4 Solid Ways To Boost Your 401(k) – Forbes

5 Questions To Ask Yourself Before Buying Precious Metals – Forbes

5 Things You Should Know About Contesting A Will – Forbes

5 Ways to Lead More Mindfully – Forbes

5 Ways To Pay Off Credit Card Debt Faster – Forbes

6 Fine-Food Events Happening In London This Spring – Forbes

6 Signs Your Business Idea Is Ready for Financing – Entrepreneur

7 Steps To Clarify Your Message And Connect With Your Audience – Forbes

8 mistakes you’re making when grilling chicken – Business Insider

9 Steps To Getting CEOs Serious About Gender Balance – Forbes

9 surprising reasons you’re always hungry – Business Insider

9th Circuit Rules For Re-Sentencing Of Attorney Serving 10-Year Prison Term – Forbes

SPORTS

14,000 for a Champions League final ticket’ Fans complain of ridiculous resale prices – BBC

1st-Round Pick Billy Price, Bengals Agree to 4-Year Rookie Contract – Bleacher Report

2018 World Cup Group Odds: France, Brazil the Biggest Group Betting Favorites – Bleacher Report

Ajax Star Ready for Shock Move to Serie A After Snubbing Spurs & Man Utd – FTBpro

Alex Ovechkin, Capitals Force Game 7 with Shutout Win vs. Lightning – Bleacher Report

Antonio Conte: Chelsea squad must be ripped apart to challenge for trophies – Daily Trust

Argentina snub Icardi – Punch

Atletico friendly ‘ll give fringe Eagles exposure ‘ Salisu – New Telegraph

Atletico Madrid Arrive For Friendly Vs Super Eagles B – Complete Sports

Atletico Madrid Name Squad For Super Eagles Friendly – Daily Independent

Atltico de Madrid arrive in Uyo ahead of Super Eagles friendly – Vanguard

Bafana Bafana striker Lars Veldwijk set to join Bulgarian side CSKA Sofia – Goal

Belgium leave out Nainggolan for World Cup – Punch

Brad Stevens: Doesn’t Get Better Than Best 2 out of 3 to Reach NBA Finals – Bleacher Report

Brazil must embrace World Cup favourites tag – Edu – Goal

Buffon to decide future in a week amid PSG speculation – Goal

ENTERTAINMENT

15 Revenue-Generating Agencies fail to account for N8.1tillion under Jonathan” Lai Mohammed says – Linda Ikeji

20-year Old Girl Recounts Heartbreaking Romance With Facebooker, Fears HIV – Information Nigeria

2019: Obasanjo Meets Afenifere Leaders In Ondo State – Information Nigeria

37,062 Candidates Finally Shortlisted In New Police Recruitment ‘ PSC Reveals Latest Updates – Information Nigeria

5 Lessons We Can All Learn From Meghan & Harry’s Love Story – NET

A company that raised over $3 million through crowdfunding has shut down, and nearly everyone who paid for its $200 headphones lost their money – Business Insider

A Review Of The Multi-million Naira Bentley Mulsanne Linda Ikeji Ordered For Herself And Unborn Son (Photos) – Information Nigeria

Adefolake Adekola: Effects of Toxic Metals In Your Food & How to Avoid Them – Bellanaija

African woman nabbed at Bangkok airport with 1.16 kilos of heroin in her stomach – Linda Ikeji

Alleged Fraud: Jerry Gana Other Politicians Visit Ex-Gov. Jang In Prison – Information Nigeria

American Singer Beyonc Buys Her Own Church In New Orleans – Nigerian Pilot

Arteta Could Reject Arsenal Job Following New Development – Information Nigeria

Aso Rock: A brief walk into an abode of ancient victory – Pulse

Atletico Madrid To Arrive Nigeria Today Ahead Of Friendly With Super Eagles – Information Nigeria

Bad Market: Nigerian army nabs 8 armed bandits – Pulse

Bambam & Teddy-A Look Adorable On The Cover Of Celebrity Magazine (Photos) – Information Nigeria

Barack And Michelle Obama Sign Netflix Production Deal – Channels TV

Barack and Michelle Obama signed a deal with Netflix to make original shows and movies (NFLX) – Business Insider

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.

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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.

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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.

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Bill Gates, GMOs, KASHIM Shettima

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

BREAKING: Justice Binta Nyako Steps Down From Nnamdi Kanu’s Trial, As He Fearlessly Scolds Her For Disobeying Supreme Court’s Judgment

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.

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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.

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Babs Olugbemi

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.

READ ALSO: Leadership, not God responsible for Africa’s poverty

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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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