NEWS AGENCY OF NIGERIA
DMO records N312bn subscription in August bond auction

DMO records N312bn subscription in August bond auction

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By Kadiri Abdulrahman

The Debt Management Office (DMO) says it received a total subscription of N312.56 billion in its August, Federal Government of Nigeria (FGN) bond auction.

The DMO made this known in a statement released through its official website on Tuesday.

The News Agency of Nigeria (NAN) reports that the DMO held the FGN bond auction on Monday, amidst monetary policy tightening and uncertainties.

Four instruments were offered to investors at the auction.

The instruments were 14.55 per cent April 2029 FGN bond; 14.70 per cent June 2033 FGN bond; 15.45 per cent June 2038 FGN bond and 15.70 per cent June 2053 FGN bond.

They were valued at N90 billion each, making a total offer of N360bn.

“In spite of current market conditions, the auction received a total subscription of ₦312.56 billion.

“Investors’ appetite for the 15.70 June 2053 (30-year bond) remained strong, with a bid-to-cover ratio of 2.71 times.

“The amount allotted to successful bidders for the four instruments was N227.76 billion.

“Allotments were made at 13.85 per cent for the 14.55 per cent April 2029 instrument and 15.00 per cent for the 14.70 per cent June 2033 instrument.

Also “15.20 per cent was for the 15.45 per cent June 2038 instrument, and 15.85 per cent for the 15.70 per cent June 2053 instrument, ” the DMO said.

The News Agency of Nigeria (NAN) reports that the FGN bond, like the FGN savings bond and the sovereign sukuk, are FGN securities which constitute the local component of government borrowing.(NAN)(www.nannews.ng)

Edited by Idris Abdulrahman

Child Marriage: NGO advocates laws to protect, promote adolescent girls’ rights

Child Marriage: NGO advocates laws to protect, promote adolescent girls’ rights

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By Justina Auta

An NGO, Focusing on Women and Girls Initiative for Positive Change (FOWGI for positive change),
has called for the implementation of laws that will protect and promote adolescent girls’ rights to end child marriage.

Mrs Rifaku Ademola-Bello, the Founder and Executive Director, FOWGI, made the call in an interview with the News Agency of Nigeria (NAN) in Abuja on Friday.

Ademola-Bello described child marriage as any formal or informal union between a child (boy or girl) under the age of 18 and an adult/another child where
they live a partner as though they’re a couple.

She attributed the cause of child marriage to cultural, economic and social forces prevalent among Nigerian’s poorest, rural households and uneducated population.

The Executive Director stressed that implementing laws and policies, as well as domesticating them such as the Child Rights Act will address the prevalence of child marriage and encourage girl-child education.

“ Without strong regulatory protections for girls, child marriage is a common practice in Nigeria rooted in traditional, economic, religious, and legal conditions that disproportionately affect girls and women.

“Also, it is used to avoid the social stigma over teen pregnancy.

“ Child marriage is also reinforced by unequal gender roles. Girls have very little access to decision-making power, bodily autonomy, or rights as it is of the belief that girls and women are inferior to boys and men,’’ she said.

She added that child marriage was a form of violence against children that reflects the low value accorded to the human rights of girls.

“Child marriage often violates children’s rights and compromises a girl’s development and wellbeing by placing them at a high risk of violence, exploitation, sexual, physical, and emotional abuse and social isolation.

“Through limited education vocational advancement and employment opportunities.

“ Girls are vulnerable to sexually transmitted diseases, including HIV and AIDS, and early pregnancy, cervical cancer and obstetric fistulas while their offspring are at increased risk for premature birth and death as neonates, infants, or children.

“Beyond the increase in the number of females that are out of school, there are also health implications, especially child mortality as most married girls are denied a safe dwelling, and often do not have access to adequate health care.

“Child marriage constitutes a gross violation of human rights, leaving physical, psychological and emotional scars for life’’ she said.

She, therefore stressed the need to promote girl-child education, promote community dialogue and social mobilization, health and support use of robust data and evidence to inform policy and programming, track progress and document lessons as strategies to end child marriage.

“Empower girls with information, skills and support networks; Provide economic support and incentives to girls and their families; Educate and rally parents and community members; Enhance girls’ access to a high-quality education; Encourage supportive laws and policies,’’ she said. (NAN)(www.nannews.ng)

Edited by Hadiza Mohammed-Aliyu

CCSF taekwondo: Octagon TKD finish tops with 26 medals

CCSF taekwondo: Octagon TKD finish tops with 26 medals

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By Victor Okoye
Octagon TKD have emerged winners of the 6th edition of the Chika Chukwumerije Sports Foundation (CCSF) Invitational Taekwondo Open in Abuja.
The News Agency of Nigeria (NAN) reports that the event which held at Moshood Abiola National Stadium, Package B, on Saturday saw Octagon TKD top with 26 medals including eight gold, seven silver and 11 bronze medals.
FCT-based Eagle TKD came second with five gold, six silver and 10 bronze medals.
While FCT came away with two gold medals to settle for the third position and Alamo TKD and Martial Arts finished fourth with one silver medal.
Niger’s Prestis TKD was the only invited club that did not register on the medal table.
NAN also reports that FCT’s Uneh Unique clinched the female athlete of the tournament award, while the male athlete of the tournament award went to Octagon TKD’s Jideofor Chukwumerije.
Chukwumerije’s explosive final with Achu Franco of Alamo TKD and Martial Arts was adjudged the fight of the tournament.
A total of 82 competitors competed in 15 categories across kiddies, cadets and juniors levels.
In the kiddies male category (for four years), Fehintoluwa Fasominu of Octagon TKD took gold, while Zayd Idris also of Octagon TKD settled for silver.
In the kiddies male (for five to six years), Chukwuka Anafulu of Octagon TKD claimed the gold, while Timi Tilley-Gyado also of Octagon TKD, took silver.
Chukwuemeka Anafulu and Mohammed Gwamna both of Octagon TKD settled for the bronze medal.
In the kiddies male (for seven to eight years), Jideofor Chukwumerije of Octagon TKD won gold, while Franco Achu of Alamo TKD and Martial Arts took the silver.
The duo of Joseph Ameh and Eze Anekwe of Eagle TKD settled for bronze.
In the kiddies female (five to six years) category, Joanna Akpu of Octagon TKD won gold, while the silver went to Chimamanda Amaechi of Eagle TKD.
Michelle Ufot of Eagle TKD and Wuraola Dauda of Octagon TKD settled for bronze.
In the kiddies female category (for nine to 10 years), Serena Chukwumerije of Octagon TKD emerged winner, while Eniola Dauda also of Octagon TKD took home the silver medal.
Soteria Ihetuge and Paula Agbayi both of Eagle TKD settled for bronze.
The Cadet male category for 11 to 14 years (-37 kg) saw Brandon Agbayi and Kristian Akingboro both of Eagle TKD win the gold and silver medal respectively.
While Kelechukwu Ozuah and Brian Samuel-Abbas both of Eagle TKD settled for bronze.
Chijindum Chukwumerije of Octagon TKD emerged winner of the Cadet male category for 11 to 14 years (+ 61 kg).
Felix Akpu of Octagon TKD and Samuel Essien of Eagle TKD settled for silver and bronze respectively.
In the Cadet female category for 11 to 14 years (-47 kg), Maliaka Chukwumerije of Octagon TKD took the gold medal.
While Esther Ohaka and Esther Oduah both of Eagle TKD settled for the silver and bronze medal respectively.
In the juniors female for 15 to 17 years (-63 kg), Ituanya Obiefuna of FCT TKD won gold, while Ezimasife Okonji of Octagon TKD settled for silver.
CCSF founder and CEO, Chika Chukwumerije told NAN that the foundation was totally committed to grassroots development of sport in the country, adding that the importance of fusing entertainment with sports cannot be overemphasised.
“The CCSF is a sports entertainment event that targets three things.
“We want to first and foremost support grassroots sports development as well as raise awareness about the projects my foundation is involved in.
“The event also gives Nigerians an alternative to music, comedy and dance,” he said.
The Beijing 2008 Olympic medalist added that his dream was to continue to fish out talents from the grassroots and raise more future Olympic champions in the country.
He noted that he was fully involved in the Tokyo Olympics 2020 where he personally supported and took one of the country’s young athlete, Elizabeth Anyanacho, to compete.
“Getting the 21 year-old to compete at the games was a really tough journey for me and in 2021. I was also very involved in alot of grassroots development projects.
“I am now fully focused on my foundation because I have a deep love for youth empowerment and sports development.
“We are going to focus on organising more sports entertainment events such as this and the next will be a very elaborate one in December.
“We want to also raise awareness and kick start an orphanage project to cater to underprivileged children,” he said. (NAN) (www.nannews.ng)
Edited by Salif Atojoko
Crime: Plateau Govt. prioritises sports, youth development

Crime: Plateau Govt. prioritises sports, youth development

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By Peter Amine

Jos, Aug. 11, 2023 (NAN) The Plateau Government has prioritised sports and youth development, to engage youths in order to curtail social vices and curb crime and criminality in the state.

Mr Lawandi Datti, Plateau Commissioner for Sports and Youth Development stated this in an interview with the News Agency of Nigeria (NAN) on Friday in Jos.

Datti said that Gov. Caleb Mutfwang`s administration was committed   to youth development and wellbeing.

The commissioner said that his visit to the Zaria Road Stadium on Thursday was to assess the state of facilities with a view to giving it a facelift.

“We need to give the stadium a facelift to enable our teams; Plateau United and Mighty Jets play their professional and national leagues at the stadium.

“We noticed that the facility was vandalised last season and we need to fix it for Nigerian Football Federation (NFF) to approve for our teams to play.

“It is not news that apart from engaging the youths, sports is one of the fastest growing businesses in the world.

“If we invest in sports, it could be a huge source of revenue for the state,’’ he said.

Datti said that the state government was working on skills acquisition programmes to train youths on how to set up their small scale businesses and be self-sufficient.

According to Datti, an idle man is a devil’s workshop, adding that government would do everything possible to take idle youths off the streets. (NAN)(www.nannews.ng)

Edited by Joseph Edeh

Troops raid IPOB/ESN camps in Enugu, Cross River

Troops raid IPOB/ESN camps in Enugu, Cross River

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By Sumaila Ogbaje

Troops of 82 Division, Nigerian Army and other security agencies have successfully raided hideouts of the proscribed Indigenous People of Biafra (IPOB) and its armed affiliate, Eastern Security Network (ESN), at Imufu in Igbo-Eze North, Local Government Area of Enugu State.

This is contained in a statement by the Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, on Friday in Abuja.

Nwachukwu said the troops operating under the auspices of Operation UDO KA II, in conjunction with the Nigeria Police Force (NPF), Department of State Services (DSS), and other security agencies, subdued the group with superior firepower, neutralising two fighters.

He said the troops also recovered three Semi Automatic Pump Action Rifles and a locally-fabricated single barrel gun during the encounter.

He added that the troops, in conjunction with DSS, apprehended a notorious ESN Commander, Mr Ezege, in a separate sting operation at Obinagu in Udi Local Government Area of the tate.

According to him, the arrested ESN commander, recently threatened to unleash mayhem in Enugu state via his viral video and audio message circulated on some social media platforms .

He said the suspect is currently in custody for further investigations.

Nwachukwu said troops of 130 Battalion, operating in 13 Brigade Area of Responsibility under 82 Division, in collaboration with DSS operatives, also smashed a notorious syndicate of gun runners at Obudu in Cross River.

He said the operation followed credible intelligence revealing the illicit activities of the gun runners in Obudu and Biaju general areas.

He said the leader of the gun running syndicate was nabbed in the sting operation, alongside his accomplices comprising two Nigerians and two Cameroonians.

Nwachukwu said the preliminary investigations had revealed that the accomplices purchased firearms, which they in turn sell to a middle man, who supplies the arms and ammunition to Ambazonian Separatists in the Republic of Cameroon.

He added that a subsequent operation conducted on Thursday, led to the arrest of the gun running kingpin, Raphael, aka Biajua, a Cameroonian, at Biajua community in Boki Local Government Area of Cross River State.

According to him, the troops also recovered four Semi Automatic Pump Action Rifles and four mobile phones.

“The Nigerian Army enjoins the general public to remain vigilant and report any untoward activity to the security agencies, in support of ongoing operations to curb security challenges.

“The good and enterprising people of  South East Nigeria are also encouraged to discountenance the illegal sit-at-home order and go about their daily activities and businesses without fear of intimidation, as ongoing operations will be sustained to counter the enforcement of the unlawful order,” he said. (NAN) (www.nanews.ng)

Edited by Vincent Obi

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