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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT FOR TODAY WED. 11 JULY 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT FOR TODAY WED. 11 JULY 2018

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Tracking Times – headlines


LOCAL NEWS

VANGUARD

Leadership failure, cause of killings in Nigeria ‘Tambuwal

My position on cattle ranches ‘ Oluwo

Call herders to order, S-West hunters tell Fulani leadership

Farmer contends against Ugwuanyi for 2019 gov poll

NASS battles FG to release 33% pension arrears ‘House c’ttee

Abuja killings: Reps summon FCT CP

Most states breaching pension law, says Takor

Ortom/Akume rift: Security personnel cordon off Benue Assembly

 

THE SUN

Cows everywhere: How herdsmen defied security, invaded National Assembly

Digital’ armed robbers invade FCT

2019: INEC worried over 17m uncollected PVCs

Mass defection hits Ondo APC

NFF crisis: Court adjourns case till September

Galatasaray confirms Onyekuru deal

Brian Idowu joins Locomotiv Moscow

GOtv Boxing Night returns to Ibadan with Joe Boy, Fijabi

Egypt plans bid to host 2030 World Cup

 

THE AUTHORITY

Senate to tackle Buhari over IPOB, Dasuki, El-Zakzaky

50 killed in Adamawa, Taraba attacks

Picketing: Telecoms operators advise MTN to shutdown network

Atiku extols Thai govt on rescue of 12 teenage

Obasanjo endorses more women in politics

Third Mainland Bridge to be closed for repairs

 

THE NATION

APC, 20 others join forces to tackle anti-Buhari coalition

Ekiti must grow beyond stomach infrastructure, says Buhari

Borno police protest

Ex-Ondo Dep. governors girl: I reported suspect to police, says dad

Alas,APCs illegitimate kids come of age

The force of consequences

APC wont waiver over PDP coalition

PDPs coalition isact of opportunism, says Balarabe Musa

We are taking measures against killings, says Buhari

 

DAILY TRUST

Buhari leads Fayemis campaign ahead of election

Ekiti APC rally a charade PDP

Fayose loses key allies to APC

Bukar Abba knocks money politics in new book

Group endorses Kwankwaso for president

Obasanjo wants 40 percent slots for women in politics

Atiku blasts Buhari, says his government most corrupt since 1999

Ekiti Election: NSCDC deploys 19,997 personnel, sniffer dogs

Sandy-loamy soil, good for snail farming

 

GUARDIAN

Trade war: US takes aim at $200 bn in Chinese goods

Stock market index depreciates by 0.6 per cent

New Rotary District Governor sees end to polio in Nigeria

Police dock passenger for robbing Uber driver of his car

Again, FAAC meeting ends in stalemate

FG orders mandatory certification of haulage vehicles

National Assembly transmits PIG Bill to Buhari for assent

Tired women with common womb disorder are more than twice as likely to be infertile

Why supply of potable water is poor, by COREN

 

DAILY TIMES

My Guber ambition approved by God Tony Nwulu

Insecurity: Varsity students call for protection

2019: Atiku inspects Umahis projects in Ebonyi

Reps probe NNPC remittances to federation account

NASS committee recommends suspension, prosecution of Senator Omo-Agege over Mace Theft

Third Mainland Bridge to be closed for repairs

El-Zakzakys trial: Police ban processions in Kaduna

CUPP: An amalgamation of failed, frustrated politicians Olulade

Allegation of rigging: Fayose is afraid of his shadows, says Fayemi

WORLD NEWS

12 people share the weirdest reason they broke up with someoneBusiness Insider

16 hidden costs of movingBusiness Insider

16 signs you’re underpaid ‘ and what to do about itBusiness Insider

176 dead in Japan floods as rescue operations continueCNN

23 creative ways states are keeping women from getting abortions in the US ‘ that could erode Roe v. Wade without repealing itBusiness Insider

3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia And FacebookForbes

3 Ways To Focus On Your Work Without Interruption — Backed By ScienceForbes

4 Ways Successful People Use Their Name To Gain RespectForbes

4 Ways To Get Your Network Contacts To Follow ThroughForbes

5 overlooked deals you really don’t want to miss out on during Prime Day ‘ but probably have in previous yearsBusiness Insider

 

CNN

NATO leaders hope to ‘avert disaster’ as Trump visits Europe

What’s the point of NATO

Can the West withstand the Trump presidency

How Thailand became the ‘Detroit of Asia

China stocks slump as US steps up trade war

Microsoft unveils Surface Go to take on iPad

Tesla is going big in China

US readies another $200 billion of China tariffs

NATO leaders hope to ‘avert disaster’ as Trump travels to Europe

All 12 boys and soccer coach freed from Thailand cave

Kim Jong Un snubbed top US diplomat, source says

176 dead in Japan floods as rescue operations continue

Trump pardons ranchers whose case sparked takeover of Oregon refuge

 

BBC

Cave rescue: ‘Hope became reality’ says Navy Seal chief

Thailand cave rescue: ‘Tiny bit of hope became reality

Unicorns, ice cream vans and Lineker in a mankini’ England eye place in World Cup final

US fires next shot in China trade war

Qin Yongmin: Prominent Chinese dissident jailed for 13 years

Cave rescue: Elation as Thai boys and coach freed by divers

German neo-Nazi murder trial reaches climax

Latino picnicker harassed in Illinois park as cop stands by

US cannot reunite dozens of child migrants with their parents

American celebrating wedding anniversary killed in Mexico City

Emerging sex disease MG ‘could become next superbug

How the Thai cave boys were rescued

World Cup 2018: France football victory ends in tear gas

 

AL JAZEERA

Kavanaugh appointment ‘to reverse civil right gains’, groups warn

Truck Attack in Nice

Suicide blast kills ANP candidate, supporters at election rally

Nigeria: Opposition mounts against Buhari’s re-election bid

France beat Belgium to reach World Cup 2018 final

Will the US Senate vote for Trump’s Supreme Court nominee

NATO summit 2018: All you need to know

NATO summit: Has Trump shifted US alliance in Europe

Israel closure of vital Gaza commercial border takes effect

When the arena of play blurs with the arena of politics

Trump pardons ranchers whose case led to 41-day standoff with FBI

UK: Disputes over Brexit strategy lead to more resignations

Cristiano Ronaldo leaves Real Madrid to join Juventus

BUSINESS NEWS

12 people share the weirdest reason they broke up with someoneBusiness Insider

16 hidden costs of movingBusiness Insider

20 foreign investors, consultants ‘understudy opportunities in Nigeria’s auto sectorBusinessDay

3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia And FacebookForbes

3 Ways To Focus On Your Work Without Interruption — Backed By ScienceForbes

4 Ways Successful People Use Their Name To Gain RespectForbes

4 Ways To Get Your Network Contacts To Follow ThroughForbes

42% of local shipping firms jobless for 3 yearsNew Telegraph

5 overlooked deals you really don’t want to miss out on during Prime Day ‘ but probably have in previous yearsBusiness Insider

8 Ways You’re Destroying Your Personal Brand Without Even Knowing ItEntrepreneur

SPORTS NEWS

12 Thai boys, coach rescued from cavePunch

Abuja Ovals to be ready before National Sports FestivalDaily Trust

AC Milan Ownership Control Ceded to Elliott Advisors LimitedBleacher Report

Adam Silver Says NBA Free Agency Will Be Moved to Earlier Time Next SummerBleacher Report

Adam Silver: Personal View Is NBA Is Ready to Allow Players to Enter Draft at 18Bleacher Report

AFN cancels sporting event after protest by ‘maltreated’ athletesBlueprint

African All Stars Transfer News & Rumours: Riyad Mahrez completes Man City switchGoal

African All Stars Transfer News & Rumours: Riyad Mahrez completes Man City switchGoal

Aigbogun unveils 18-man squad against MauritaniaNigerian Pilot

Amaju’s NFF denies corruption allegationsThe Sun

Tracking Times – Entertainment

ENTERTAINMENT NEWS

#BBNaija Winner Miracle meets with President of Sierra LeoneBellanaija

#WorldCup 2018: France secures spot at Final with 1 ‘ 0 Win over BelgiumBellanaija

26 year old womansteals a 3-week-old baby in Osun state after years of barrennessLinda Ikeji

45-year-old unemployed Nigerian man detained in Cambodia for public disturbanceLinda Ikeji

A new documentary chronicles the lives of triplets separated at birth in a controversial study ‘ here’s how scientists continue to use twins in researchBusiness Insider

Alex Iwobi joins the #InMyFeelingsChallenge and it’s hilarious (Video)Linda Ikeji

All 20 Marvel Cinematic Universe movies, ranked from worst to bestBusiness Insider

Atiku Abubakar: Former VP says a lot of Nigerians are suffering under BuhariPulse

Beyonc is releasing a Capsule Collection with Balmain for Charity!Bellanaija

Brits try to boost Green Day’s “American Idiot” to top of UK charts ahead of Trump visitCNN

 

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)

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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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