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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY WED. 16 MAY 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY WED. 16 MAY 2018

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Tracking Times – Headlines


LOCAL HEADLINES:

THE NATION

Biafra group knocks IPOB over threat to disrupt restructuring summit

Suspected herdsman defiles girl, 14, in Abia community

Verily, Oyeguns cry-babies need nose-wipe

Ado-Ekiti, Osogbo to be linked by rail, FG signs $6.68b contract

EFCC has recovered over N500 billion, says Magu

Two Nigerians killed in South Africa

Oyo Minority Leader elected Speaker

Well create 500,000 jobs with $22.5b private investments, says Osinbajo

National Assembly raises 2018 budget to N9.1tr

Senate endorses attractive investment environment bill

 

VANGUARD

IPOB alleges plot to kill members in Kuje prison

Minority Leader emerges Oyo Speaker

Nigeria’s ERGP Focus Labs identify $22.5bn investment opportunities ‘ FG

Agitators raise alarm over alleged invasion of N-Delta by foreigners

RAMADAN: Pray for Nigeria, Ogun State, Rep urges Muslims

NASS lays N9.12trn for 2018

Murder: Anambra assembly calls on Obiano, Ugwuanyi to intervene

Ibori, Okowa, Dickson, others to honour Darah at 70

FG approves N10bn for communities affected by herdsmen crisis

Delta govt issues ultimatum to road contractors

No word from Buhari as nPDP’s ultimatum expires

 

THISDAY

FG Warns Health Workers against Strike, Harassment of Doctors

Osinbajo: FG to Spend N10bn in Rebuilding States Affected by Herdsmen-Farmers’ Crisis

9mobile: Smile Faces Disqualification as Reserve Bidder

Dangote Lists Economic Benefits of National Identity Card

Birnin-Gwari Community Petitions Amnesty International over Killings

Hold Yourself Responsible for Your Failure, Jonathan Tells Aregbesola

Ebola: NCAA Demands Vigilance from Airlines

Military Launches Operation Last Hold in Final Push against Boko Haram

NNPC Report: Nigeria Produced More Oil in 2017 from PSC Leases

Shiite Leader, Sheikh Zakzaky Arraigned for Murder in Kaduna

 

THE SUN

Ebola: NCAA issues fresh guidelines for international airlines

As president commissions EFCC office’: Corruption forced me out in 1985 ‘Buhari

2019: Nobody can stop Wike’s re-election ‘PDP

Aggrieved APC members boast’: We’ll shock Buhari

Guide on how to market your business online

MTN launches new thematic campaign

Nigeria plans for ITU Telecom World 2018

Itel launches first fingerprint smartphone

Why 9mobile supported global fight against malaria

Africa in focus at multichoice digital dialogue in Dubai

Space technology, tool for human development ‘ Ale, NASRDA spokesman

Armed robbers attack Ekiti bank, 2 feared dead

Mace theft: NASS summons Ndume, Omo-Agege

 

GUARDIAN

No hiding place for treasury looters in Nigeria, Buhari vows

Onyekuru sad over World Cup omission, Omeruo returns to Chelsea

Ramadan fasting to begin on Thursday, Saudi says

Senate panel raises 2018 budget from N8.612tr to N9.120tr

Scientists issue fresh warning on next global pandemic- Disease X

Reps quiz Stanbic IBTC chief over N1 billion account in alleged breach of TSA policy

CBN, Shippers’ Council plan new disbursement account for agencies

Alcohol, tobacco are biggest threat to human health, welfare

Bonga achieves 763m oil barrels production since in 12 years

Rated fourth, can the Eagles survive Group D

WORLD HEADLINES:

CNN

North Korea threatens to cancel summit if US demands unilateral nuclear disarmament

China using ‘debtbook diplomacy’ in Asia Pacific

Piers Morgan calls Markle’s half-sister a ‘vulture

Japan’s big growth streak just came to an end

Anne Frank’s ‘dirty jokes’ revealed

What we know — and don’t know — about Melania Trump’s procedure

Keith Richards once pulled a knife to ‘get rid’ of Trump

Vietnam by planes, trains, automobiles … and then some

Groovy architecture of the ’60s

Sources: Trump sought to evacuate military families from South Korea before Olympics

Trump team dramatically changes tone on North Korea

Gulf widens between US and allies over Gaza

Some people hear ‘Laurel’ and others hear ‘Yanny

North Korea says Kim-Trump summit is at risk

NY Times columnist: North Korea has sold this carpet before

Nuclear test site dismantling has begun, North Korea monitors say

North Korea warns US in light of ‘provocative’ drills

Opinion: North Korea is testing Trump

China has a plan to lure its biggest companies back home

Here’s what was on the mystery pages of Anne Frank’s diary

Paul McCartney Fast Facts

 

AL JAZEERA

The Nakba: Palestinian catastrophe

Protesters march in major cities to commemorate the Nakba

How to eat right and keep well during Ramadan

Gaza’s Al-Shifa Hospital ‘on brink of collapse’ as injuries mount

Turkey, Germany spar over ‘Erdoganphobia’

George Soros foundation to close office in ‘repressive’ Hungary

Shia leader Sadr’s alliance set to win in Iraq polls

Taliban storms major city in western Afghanistan

North Korea starts dismantling nuclear test site: report

Laila Anwar al-Ghandour: The face of the Gaza carnage

 

BBC

North Korea threatens to cancel Trump summit

Malaysian opposition leader Anwar Ibrahim freed from jail

Japan’s economy shrinks for first time in two years

Farnese Blue diamond fetches $6.7m at Geneva auction

Venezuela crisis: Cereal maker Kellogg ends operations

Meghan Markle ‘had a certain sparkle

Gaza: The bullets stop, the burials go on

Director Spike Lee slams Trump at Cannes

Trump shares warm moment with slain police officer’s family

Controversial Russia-Crimea bridge opens

Anne Frank’s ‘dirty jokes’ found in hidden diary pages

How tech took the bite out of France’s rail strikes

Is US faith really rising under Trump as Mike Pence claims

Would you pay your ex a ‘break-up fee

Colombia’s ex-fighters taught skills for peace

Kaizer Chiefs cancel end-of-season awards after ‘underwhelming’ season

Cas rejects Munir El Haddadi’s Morocco switch

2018 World Cup: Tunisia make recalls to preliminary squad

Ghanaian shoe seller vows to bring Jammeh to justice

Furness hospital baby deaths: Midwifery council criticised

Body clock linked to mood disorders

 

ASSOCIATED PRESS

US abortion clinics face surge of trespassing and blockades

Military seeks to limit Congress on fixing child sex assault

Putin’s image: An inextricable part of Russian life

Report: Millions of tweets spread anti-Semitic messages

Chelsea Manning: Insurgent bid for US Senate is genuine

Putin takes oath of office for 4th term as Russian president

Syria’s Kurds put IS on trial with focus on reconciliation

Worry, fear in Iran ahead of Trump’s decision on atomic deal

Buffalo buzzing over Bills draft picks, Sabres lottery win

Asian markets rise, tracking Wall Street gains on job report

Springsteen escorts Van Zandt in to New Jersey Hall of Fame

From Bakersfield to DC, McCarthy’s unlikely rise in GOP

Chelsea Manning: Insurgent bid for US Senate is genuine

AP Explains: Why every vote is not equal in Malaysia polls

Monday hearing could have big implications in Greitens’ case

Annual Muzzle ‘awards’ go to alleged protest squelchers

Expansion Golden Knights top Sharks to make conference final

Guatemala’s crusading prosecutor exits amid praise, threats

Asian markets rise, tracking Wall Street gains on job report

Trial set for Latvian accused of running malware operation

Court asked to toss more cases tied to drug lab scandal

BUSINESS HEADLINES:

10 Richest New-Car Incentives — Over $7,000 Cash Back – Forbes

15 Strong Indicators Of A Potentially Great Job Candidate – Forbes

16 High-Tech Cities You’ll Want to Call Home – Entrepreneur

17 thoughtful Father’s Day gifts under $25 – Business Insider

2 important emerging markets are seeing historic breakouts – Business Insider

2018 World Cup Preview, Group B: Spain And Portugal Will Be Hard To Stop – Forbes

24 Interesting Facts You Should Know About Chick-fil-A – Entrepreneur

5 Habits Of Highly Successful Networkers – Forbes

5 Questions to Make Meetings Productive – Forbes

5 Unconventional Ways To Make Your Coaching Business Explode – Forbes

8 Horrible Habits That Are Ruining Your Growth As A Freelancer – Forbes

8 Money Management Tips for Small Business Owners – Forbes

9 Of The Best Men’s Slim Fit Blazers For A Lean Professional Look – Forbes

A big drugmaker is backing away from a plan to triple the price of a lifesaving cancer drug after facing a public backlash – Business Insider

Actually, ‘Destiny’ Is Good Again – Forbes

Adamawa To Partner NDPHC On Solar Power – Daily Independent

Adeosun, Abdulrazaq bag ICAN awards – Punch

SPORTS

$240m baseball star Cano banned for 80 games – BBC

2018 NBA Mock Draft: 1st-Round Predictions After Lottery Results – Bleacher Report

2018 World Cup Odds: Brazil, Germany Betting Favorites over Spain and France – Bleacher Report

Agbor hosts Headmasters’ Cup final – New Telegraph

Ajiboye Vows To Make W’Cup Team – Daily Independent

Al Horford’s Sister: ‘F–k You JR’ After JR Smith Pushes Celtics Star in Midair – Bleacher Report

Allardyce set for axe as Everton manager – Vanguard

Allegri Wants Full Control At Arsenal – Daily Independent

America’s greatest war horse – CNN

Arsenal Transfer News: Gunners Reportedly Target Roma’s Cengiz Under – Bleacher Report

Aston Villa one game from Premier League return after play-off win v Middlesbrough – BBC

Atletico Set End Final Sorrow Against Marseille – Daily Independent

Brazil name 23-man squad for 2018 World Cup – Daily Trust

BREAKING: Arsenal Hold Talks With Jean Michael Seri – Daily Independent

British rugby players die from ‘breathing difficulties’ in Sri Lanka – CNN

Bryce Harper Avoids Free Agency Talk Before Yankees Game: ‘I’m a National Now – Bleacher Report

Buhari approves release of National Stadium to Lagos – New Telegraph

ENTERTAINMENT

#BBNaija’s Anto shares her Thoughts on Mental Heath in Nigeria | Watch – Bellanaija

#BBNaija: Cee-C Looks Absolutely Gorgeous In No Makeup Photos – Information Nigeria

#BBNaija: Miracle And Brother drops conflicting statements On Sugar-Mummy Allegations [Video] – Gistlover

13 Delta State Pilgrims Disappear Upon Arriving Israel ‘ Commissioner Reveals – Information Nigeria

16 of the highest paid movie roles of all time ‘ including $100 million for a single film – Business Insider

A genuine leader must be visionary enough to see the problem before it comes’ – Ben Bruce – Linda Ikeji

Ambode: Lagos govt. moves to acquire National Stadium – Pulse

Armed robbers attack Union bank in Ekiti, kill policeman and a bank staff – Linda Ikeji

Awujale’s Chair on Good Governance at OOU receives Adenuga’s support – Linda Ikeji

BBNaija: Miracle And Brother Give Conflicting Accounts On Sugar-Mummy Allegations (Video) – Information Nigeria

BBNaija: Miracle’s Brother Reacts To Claims That The Reality Star Has A Sugar Mummy Called Juliet (Video) – Information Nigeria

BBNaija: Teddy A And BamBam Suffer Brutal Attacks On Social Media (Photos) – Information Nigeria

Billionaire Heir, Theo Danjuma Proposes To His American Girlfriend – NET

Black man assaulted for wearing a Trump-supporting “Make American Great Again” cap – Linda Ikeji

Boko Haram Suicide Bomber Kills Five Civilian JTF Members In Borno – Information Nigeria

Buhari: President says Nigeria’s economy has improved – Pulse

Bursar And Ex-Director Arraigned For Allegedly Stealing Millions From The Institute (Photo) – Information Nigeria

CELEBRITIES AIR VIEW ON Yahoo boys raid by EFCC – Nigerian Pilot

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.

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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