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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY THUR. 5 JULY 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY THUR. 5 JULY 2018

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Tracking Times – Headlines


LOCAL HEADLINES:

PUNCH

IPOB: Abaribe vows to sue DSS for detention

Killings: Court okays suit seeking Buharis impeachment

Reps probe Abacha loot recovered by Obasanjo, YarAdua, Jonathan, Buhari

State police: Dogara gets bill, Saraki meets speakers

Well reorganising judiciary to fight corruption Buhari

Dasuki: Boycott courts if FG disobeys order, activist tells NBA

Mitee, others petition Osinbajo over alleged plot against Ogoni clean-up

Developer to maintain Ile-Epo Market for 27 years

Why we oppose cattle colony, seek restructuring YCE

 

THE AUTHORITY

Herdsmen planning to attack 5 Enugu communities ‘ Ohanaeze

Constitutional Breaches: Court orders NASS to impeach Buhari

Keep your Igbo presidency agenda, MASSOB tells Buhari

Buhari can’t share N115bn Abacha loot without appropriation ‘ Reps

FG approves N206bn for 2nd Niger Bridge

51 die in Benue IDPs’ camp in 6 months

C/Rivers Acting Gov, Prof Ivara Esu, DEP. Gov of Ebonyi & DG Boundary Commission Meets at Ukelle to Seek Lasting Solution to border crises

Gas supply to power highest in two years, says NNPC

NNPC may turn to capital market to fund new projects

 

VANGUARD

Arraign Kanu or hand him over to British govt, IPOB urges FG

US, Nigeria partner on structured mentoring programs for women

Zamafara killings: FG donates relief materials IDPs in Katsina

What Suswam told me in DSS custody’Abaribe

Don’t allow moneybags buy your conscience, IG warns policemen

Land for life: Methodist Prelate faults Presidency

C’River govt warns Ukelle/Izzi communal conflict refugees against retaliation

2019: Akala joins Oyo governorship race

Makarfi promises all-inclusive govt if elected President

 

THISDAY

DSS: Insecurity Threat to 2019 Elections

Buhari Warns His Successors Not to Return Stolen Assets to Looters

House Probes Recovery, Utilisation of Abacha Loot, Others

Southern, Middle Belt Leaders Flay Adesina over Comment on Ranching

FEC Approves N206bn for 2nd Niger Bridge Link Road

WAEC Releases April/May Results, Records 50% Pass

AfDB Partners African Countries to Bridge Continent’s Investment Gaps

House to Introduce Bill on State Police Next Week

We Will Dismiss Partisan Police Officers, Says IG

 

DAILY TIMES

Buhari lauds Nigeria-Kuwait relations

Incessant killings, strong signal for FG to Restructure

USIP urges FG to plan against election violence

FG, UNFPA inaugurate guidelines on safe termination of pregnancy

Daily Times Newspaper, Thursday, July 05, 2018

Breaking: New Faction Of APC Emerges In Abuja

92-year-old Mother kills Son who wanted to put her in a nursing home

Gani Adams calls for Yoruba security summit to address herdsmen challenge in region

What President Macrons Visit Means To Lagos- Governor Ambode

 

THE NATION

Saraki, Dogara, Kwankwaso, Baraje, others form R-APC

Macron to Nigerian youths: get involved in politics

CBN woos importers for Chinese currency

Why Im selling off recovered assets, by Buhari

Policeman kills NYSC member one day to passing out

Wammako, Bindow, Aliero, Goje, others fate uncertain

New PDP returns to old tricks

$322m Abachas loot: Group faults disbursement plan

Exporters hail OGFZA for ranking best in Ease of Doing Business

 

PREMIUM TIMES

51 die in Benue IDPs camp ‘ Official

Abuja police officers open fire at checkpoint; kill female corper, sister alleges

APC Crisis: Oshiomhole, Bolaji Abdullahi speak on R-APC

Uganda leader says social media used for ‘lying’, defends tax for access

Reformed APC’ names leaders (SEE LIST)

CBN renews mandate of Skye Bank’s board of directors

Macron in Lagos: My view of Africa differs from that of many Europeans

Reps to probe N2.8 billion Federal Fire Service fund

Singer Runtown announces new single hours after court injunction

 

HERALD

Couple Cut Off Family Members Who Criticized Their Decision To Have Wife As Breadwinner

Full List: Reformed APC Reveals List of National Leaders

Oshiomhole Reacts To New APC Faction

Venus Williams Strikes Again At Wimbledon

Photo: Tanker Fire Accident Narrowly Averted In Lagos

Witch Doctor Dies When Client Tests Bullet Repelling Charm On Him

Man Declared Dead Resurfaces After Decades

WORLD HEADLINES:

CNN

Summer of Trump: President to make Supreme Court pick, meet UK Queen, Putin

Amesbury victims poisoned by same nerve agent used on ex-spy

Is the UK’s healthcare the best in the world

DNA tests for migrants at US border

Angela Merkel: US auto tariffs could start a trade war

Jaguar Land Rover: Brexit threatens our plan to spend $100 billion in the UK

Pompeo under the gun to get results in North Korea

Police find ‘items of interest’ at property linked to suspected serial killer

Trump asked advisers about invading Venezuela in 2017

Kim Dotcom can be extradited to the US, New Zealand court rules

Woman climbs Statue of Liberty to protest family separations

Houston streets flood after heavy rains, sparking memories of Harvey

Experience the world’s largest waterfall cluster

 

BBC

Thailand cave: Rescuers in race against weather as rains close in

Polar bear killed Canadian man protecting his children

Melting road’ damages cars in Australia

Emilia Clarke pays tribute to nurses after death of her father

Russia 2018: ‘England have shown why we can win this World Cup

Jolyon Palmer Q&A: Mercedes, Ferrari, Vettel, Raikkonen & Alonso

England v Sweden: Steven Gerrard & Joe Cole scored at 2006 World Cup

Chris Froome: Tour de France champion on his race diet

Wimbledon 2018: Serena Williams & Victoria Azarenka among mums on Centre Court

NHS 70th birthday: How National Health Service staff are staying fit

Fifa eClub World Cup: How Brondby conquered the globe… twice

Statue of Liberty evacuated after woman climbed monument base

Russian mother faces jail for trying to sell son’s seizure gel

 

AL JAZEERA

UK nerve agent incident: Novichok found in poisoned couple

Is the trial of Najib Razak a political vendetta

Rouhani says US unaware about consequences of Iran oil ban

Syrian rebels and Russia ceasefire deal breaks down

Boko Haram, IDP returns and political calculations in Nigeria

Egypt’s top appeals court overturns ‘terror list’ ruling on Morsi

Call for calm after killing of youth sparks riots in French city

Chinese fans’ World Cup attendance under spotlight

US vows to keep Gulf waterway open despite Iran’s threats

Many players but little progress in Deraa ceasefire talks

Arab American comedian wins lawsuit against American neo-Nazi

Mali election workers suspend strike ahead of presidential vote

Israeli forces assault Palestinians, prepare to demolish village

 

AFP

A ‘Japanese tip’: the origami art left by diners

BUSINESS HEADLINES:

$10.3tr investment needed to meet global oil demand ‘ OPECThe Sun

10 major truck parks ready next year ‘ FGPunch

10 survival myths that might get you killedBusiness Insider

12 smart home gadgets that practically clean the house for youBusiness Insider

13 home organization purchases that we swear by for our own apartmentsBusiness Insider

2 vandals in police net over N340,000 stolen cablesBusinessDay

2019 Budget: FRC official tasks FG on early preparationBusinessDay

2nd Niger Bridge: FG approves N206bn Anambra, Delta link roadPunch

5 Instagram Marketing Tactics to Skyrocket Your App DownloadsEntrepreneur

5 Steps to Hiring the Right People for Your BusinessEntrepreneur

SPORTS

10 candidates for football’s 2018 best player award ‘ FIFANew Telegraph

Africa Youth Cup 2019: Benfica, Kegue confirm participationVanguard

Akanji: No regret choosing Switzerland over NigeriaNew Telegraph

Amir Johnson Reportedly Finalizing Deal to Re-Sign with 76ers on 1-Year ContractBleacher Report

Amuneke Joins Capello, Lampard, Others On FIFA’s PanelDaily Independent

Arsenal Goalkeeper David Ospina Determined to Remain in Europe Despite Boca Juniors ApproachFTBpro

Arsenal Transfer News: Juventus Reportedly Keen on Shkodran MustafiBleacher Report

Asaba 2018 AAC: Nwanaga targets javelin goldVanguard

Barcelona Transfer News: Everton Make Yerry Mina Bid in Latest RumoursBleacher Report

Brazil favourites in ‘dream’ clash ‘ Belgian coachVanguard

Tracking Times – Entertainment

ENTERTAINMENT

“Generations will look at Obasanjolibrary and say this is the house that fraud built – Wole Soyinka attacks Obasanjo in new bookLinda Ikeji

“Payday”: ChetaChukwu holds private screening for movie starring Bisola Aiyeola and Zack OrjiPulse

17-year-old girl allegedly rushed to the hospital after having sex with boyfriend in DeltaLinda Ikeji

5 teachers sacked for impregnating SS3 student In Kebbi; Pregnant student expelledInformation Nigeria

Abaribe: Saraki describes Senator’s arrest as unfortunatePulse

Actress Vera Gerald dishes out inspirational message on body positivityVanguard

Adams Oshiomhole: APC Chairman appeals to R-APC rebels, Ndume dismisses groupPulse

Afrika shrine represents culture, strength, music of the continent- President MacronNew Telegraph

Ahmed Musa Arrives Sokoto In Style For Charity Event, Links Up With TeammateInformation Nigeria

Alex flaunts her henna tattoo again, shares words of positivityInformation 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.

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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