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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY SUN. 3 JUNE 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY SUN. 3 JUNE 2018

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LOCAL HEADLINES:

VANGUARD

On Biafra and Democracy

Anxiety in APC : Buhari, nPDP leaders negotiate over 10 states’ votes

WCC prays against famine in Nigeria, others

IT firm partner Command Day Secondary School, Ojo

Bloodshed averted in Enugu APC as rival faction forcefully takes over state secretariat

Seventh Day Adventist’s succour for IDPs in Benue

Army kills 10 Boko Haram, recovers N2m in Borno

Aboderin: Fayemi, Obasa, Keyamo condole with family, Punch

Man stabs daughter to death in Anambra

Ogun ex-PDP guber candidate joins Obasanjo’s ADC

Okowa administration in three years glaring ‘ Fred Oghenesivbe

Uzodinnma appointed BoT member of APC

National policy on plastic waste management underway, says minister

Why Nigerians no longer rage over kerosene scarcity ‘Matrix Energy

US man built deadly secret tunnels over ‘N.Korea’ fear

 

PILOT

Probe Security Vote

86,000 voter cards await collection in Bauchi ‘ INEC

South-East APC chieftains bemoan disrespect for Okorocha

MASSOB: Arrest me, not my members, Uwazuruike dares police

Kwara govt distances self from demolished PDP guber aspirant’s house

Adamawa Assembly may extend tenure of council chairmen

Abia to provide light for rural communities, investors through renewable energy

Not Too Young to Run: Balarabe Musa says youths are not prepared for leadership

Okowa, Ekweremadu describe education as solution to Nigeria’s challenges

Media urges a N r P to dissuade youths from money politics

e kiti a PC chieftain, Bamidele, 4 others shot at Fayemi’s mega rally

fG Calls For Synergy Over lead Poisoning Outbreak

 

NEW TELEGRAPH

Eagles: Flying Nigerians’ hopes in Russia

Catholics’ll keep national security on front burner ‘Archbishop Martins

Democracy Day: Nothing to celebrate, says lkedife

Three Nigerian pharmacists, others charged with illegally distributing $9.6m drugs in US

23 killed in Zamfara fresh attack, 3 in Plateau State

World’s most expensive engagement ring cost N3bn

Sterling Bank ‘undresses’ Eyo in Lagos

75,000 Okada riders to lose jobs in Anambra

Air chief vows to flush out regrouping militants

Osun partners Rotary to reduce maternal, child mortality rates

Illicit drugs: Lecturer suggests death penalty for traffickers

Nigeria has highest maternal mortality rate

2019: NSE stocks losing taste as risk-averse investors pull out

LCCI wants more Chinese auto makers in Nigeria

 

THISDAY

Despite Military Presence, Killings Continue as Bandits fell 15 in Zamfara

APC Power-play Continues as National Convention Committee Secretary Resigns

Insecurity Compels Military to Keep Battle-Fatigued Soldiers in North-east

Nigeria’s Stock Market Loses N908 Billion in One Week

Police Arrest Politician Fingered in Shooting at Ekiti APC Rally

Minister: Ogoni Cleanup Starts Two Years After

Ghana Denounces Jonathan over Comment on Nigeria

Bauchi Gov Nominates Chief of Staff as Deputy

Ortom Blames Challenges for Poor Delivery of Democratic Dividends

Three Nigerians Found Dead in New Delhi Flat

WORLD HEADLINES:

CNN

No sanctions relief without steps to denuclearize, Mattis tells N. Korea

Thousands of acres ablaze in western United States

No sanctions relief without steps to denuclearize, US Defense Secretary tells Pyongyang

Opinion: Is Trump giving North Korea a pass on nukes

Six major allies blast US over tariffs

NYT: Trump lawyers argue President can’t obstruct Russia probe

Lawyers acknowledge Trump dictated son’s statement on meeting with Russians

Trump says Senate Democrats are ‘resisting the will’ of voters

Germaine Greer’s dangerous ideas about rape

Nearly 100 women suffered under dancing doctor’s scalpel: lawyer

Could this wean Kuwait’s economy off oil

Five Star Movement supporters celebrate in Rome

Gaza militants fire rockets towards Israel

Europe may be on the verge of a big new crisis

Spain’s new Prime Minister sworn in

Five Star Movement supporters rally in Rome to celebrate new governmen

Who is Italy’s new Prime Minister

From calling rape ‘bad sex’ to Roseanne’s vitriol, this was a jaw-dropping week

CNN sex-for-grades report prompts Senate investigation

Lie-detector tests for Kenyan officials in corruption crackdown

Uganda slaps social media tax on WhatsApp, Facebook

 

AL JAZEERA

Ethiopia set to lift state of emergency two months early

Protests against IMF-backed tax reform bill continue in Jordan

Pedro Sanchez sworn in as Spain’s new PM

Fury in Kashmir after youth killed by police vehicle

Saudi Arabia reshuffles cabinet with focus on culture

Israeli forces kill Palestinian in occupied West Bank

Japan: Don’t reward N Korea for only agreeing to talk

US isolated as UN proposal to condemn Hamas voted down

Egypt’s Sisi sworn in for second term in office

Catalonia government sworn in, ending Madrid’s direct rule

BBC

Ethiopia cabinet drafts early end to state of emergency

England 2-1 Nigeria

G7 ministers criticise US tariffs and warn of trade war

Nicaragua police end church siege after day of terror in Masaya

Jordanians in third night of tax rise protests

Njambi McGrath – the Kenyan comic making Brits laugh at themselves

US teacher ‘who fed sick puppy to snapping turtle’ charged

Venezuela frees 40 jailed activists and politicians

Tunisia World Cup squad: Leicester City’s Benalouane in 23-man squad

Prostate cancer immune system drug results could be ‘spectacular

World Cup 2026: Morocco to face joint United States, Mexico & Canada bid

Cuba to begin constitutional reforms to formalise ”opening-up

England v Nigeria: Visiting players relax by singing at the piano before friendly

Rikke Schmidt Kjaergaard on surviving locked-in syndrome

Tunisia 2-2 Turkey

Thousands attend funeral for Palestinian nurse killed in Gaza

North Korea’s human rights: What Trump and Kim won’t talk about

Letter from Africa: Mali ‘Spiderman’ is the superhero of our modern age

Letter from Africa: Mali ‘Spiderman’ is the superhero of our modern age

PC Sorcar: India’s ‘maharajah of magic’ who terrified the UK

The online war between Qatar and Saudi Arabia

BUSINESS HEADLINES:

12 of the best podcasts to listen to while traveling this summer – Business Insider

15 books Bill Gates says you should read this summer – Business Insider

2019: NSE stocks losing taste as risk-averse investors pull out – New Telegraph

4 Surprising Side Effects of Electric Autonomous Vehicles – Forbes

A New Slice of Retail: Buy a Bed, Get Pizza for a Year – Forbes

Africa should deploy Sovereign Wealth Fund in infrastructure ‘ Adesina – Punch

Amazon is trying to transform grocery shopping like it did retail – Business Insider

Bernstein used AI to dig through hundreds of earnings-call transcripts ‘ and its findings shed valuable light on what Wall Street really looks for in companies – Business Insider

Binatone marks 60th anniversary with free product gifts – New Telegraph

Challenges provide moments of growth and learning ‘ O’Yoma – Punch

De-risking the Port Harcourt investment climate – BusinessDay

Demurrage charges: NSC seals Cosco Shipping office again – New Telegraph

Don’t panic over NSE’s bearish trend – Punch

EFCC Boss Magu says Some Nigerian Banks On Verge Of Collapse – Financial Watch

Electrification of vehicles growing in India, China, Europe – New Telegraph

ExxonMobil’s N13bn investment and long term economic benefits in A/Ibom – BusinessDay

Fans Should NOT Pick All-Star Lineups – Forbes

FG targets 8m tonnes of rice in 2018 wet season – Daily Trust

SPORTS

4 Key Battles England Stars Will Compete in for Starting Places for the Three Lions in Russia – FTBpro

5-Star OT Prospect Kenyon Green Commits to Texas A&M over Alabama, LSU, More – Bleacher Report

Abayomi, Daniel win Champion Bowl qualifiers – Punch

ABODERIN: MAN WHO CHANGED FACE OF WOMENs BASKETBALL – Punch

Aboderins death, big blow to basketball Ezinne-Briggs – Punch

Adepoju: England Defeat Was Wakeup Alert For Super Eagles – Complete Sports

Alex Ovechkin, Capitals Grab Game 3 Win vs. Golden Knights; Lead Series 2-1 – Bleacher Report

Aminu To Represent Team Africa In 2018 NBA Game – Leadership

Austria Beat Germany 2-1 – Osun Defender

Austria stun Germany in friendly – Kickoff

Bayern Munich ready to sell Boateng, Alcantara, Arturo Vidal – Daily Trust

Bayern Munich target Ligue 1 superstar – Kickoff

Belgium, Cristiano Ronaldo-Less Portugal Play Out Scoreless Draw in Friendly – Bleacher Report

Belgium, Portugal share the spoils – Kickoff

Bould faces exit as boss decides Arsenal staff – Kickoff

Clay Matthews Hit by Line Drive at Softball Game, Taken to ER with Nose Injury – Bleacher Report

College Baseball Regional 2018: Results, Highlights and Bracket from Saturday – Bleacher Report

Davids: Look at the bigger picture – Kickoff

ENTERTAINMENT

“The Heir Apparent”: Richard Mofe-Damijo, Joseph Benjamin star in Steve Ogbaro’s new flick – Pulse

A broken engagement is better than broken marriage ‘Destiny Amaka – New Telegraph

Aba Tailors should have produced the Super Eagles Jerseys ‘ Ben Bruce – Information Nigeria

Actress Ejine Okoroafor to BBNaija housemates: Stop fighting among yourselves, let love rule – Vanguard

Adorable photos of Banky W and Adesua Etomi twinning in their Nigerian jersey at Wembley stadium – Information Nigeria

BamBam & Teddy A to feature in new Nollywood Movie – Information Nigeria

Banky W, Adesua Support Nigerian Team – Osun Defender

Beauty Bits: Please, please stop using toothpaste for your pimples – Pulse

Billionaire Femi Otedola celebrates his only son, Fewa as he clocks a new year today – Information Nigeria

Bimbo Queens preaches selfless love in ‘Wantin’ Video – Vanguard

Blazer and jeans casual Friday – New Telegraph

Bobrisky slams TV host, Hero Daniels ; says he is not on his level – Information Nigeria

Celebration as Akinwunmi Ambode’s mum clocks 85 – New Telegraph

Celebrity Housemates is a scam’ I’m yet to receive my money ‘ Eniola Badmus – New Telegraph

Churchill Olakunle refutes allegations of violence by ex-lover, Zainab – New Telegraph

Comedian I Go Dye outlines ugly effects of corruption on youths – Vanguard

Concepts of wine pairing – New Telegraph

Damilola Adegbite fires back at fan who said she looks 70, not 18 – Information Nigeria

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.

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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.

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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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