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ECONOMY & POLITICS

LG polls: Voters with Temporary Cards can vote – LASIEC

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The Lagos State Independent Electoral Commission (LASIEC) says voters in possession of the Temporary Voter Cards (TVCs) are eligible to vote in Saturday’s local government election in the state.

Justice Ayotunde Phillips (retd.), LASIEC Chairman, said this at a news conference on Friday at its headquarters in Yaba, Lagos.

Phillips said voters in possession of either the Permanent Voter Cards (PVCs) and TVCs would be allowed to cast vote across the state.

She also reiterated that the commission was ready to conduct a free, fair and credible poll.

She said: “Voting process starts at 8.00 a.m. and end at 3.00 p.m., while those in the queue by 3.00 p.m. shall be attended to. Election shall be conducted with the use of smart card readers, PVC and TVC.

“Persons Living with Disabilities would be adequately assisted in the election process, while the elderly people, pregnant women and breastfeeding mothers shall be giving preference in casting their votes.”

According to her, the development that leads to a free, fair and credible election starts with the promotion of public confidence and trust in the process.

She noted that this could only be achieved through active involvement and collaboration with crucial stakeholders.

Phillips said that as part of preparations, non- sensitive materials had been deployed while the distribution of sensitive materials to all the 20 LGAs and 37 LCDAs would be done on Friday night in the presence of security agencies.

The chairman, who noted that 15 political parties would be participating in the election, assured the electorate of adequate provision for security of lives and property.

“The electorate and Lagos residents are being assured that there will be adequate security beyond the exercise.

“Security of lives and property before, during and after the election is fundamental and is being given topmost priority.

“The commission is leaving no stone unturned to ensure a successful, free, fair and credible election that is devoid of violence, intimidation and harassment,” Phillips added.

She urged all stakeholders to inform, encourage and mobilise voters to come out and freely express their political choice through the electoral process.

Phillips said the commission had embarked on stakeholders’ sensitisation programmes in all the five divisions of the state to stem the tide of voter apathy.

According to her, the commission has concluded recruitment and training of all ad hoc staff for the poll.

The News Agency of Nigeria (NAN) reports that security operatives with patrol vans and Armoured Personnel Carriers (APCs) have been strategically positioned in and around the LASIEC office.

Vehicular movement also has been restricted around LASIEC office located at No 2 Birrel Avenue Sabo, Yaba while the entire stretch of Lancaster Road, Sabo, Yaba has been barricaded.

(NAN)

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NEWS

NEMA records zero accident on roads in S/East in Eld-el-Kabir — Official

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The National Emergency Management Agency (NEMA) says it recorded zero accident on roads within South-East during Special Operation Eagle Eyes for the Eid-el-Kabir celebration.

The South-East Coordinator of NEMA, Mr James Eze, disclosed this to the News Agency of Nigeria (NAN) on Friday in Enugu after debriefing NEMA’s 25-man staff deployed for the operation.

According to Eze, no accident was recorded on major road corridors within the South-East during the period of the operation.

He said: “Although it was herculean covering the four major road corridors during the Eid-el-Kabir celebration and holidays, however, I must commend the resilience of NEMA staff in the zone.

“We recorded no accident on any of the four major expressways we covered during the operation.

“NEMA staff in collaboration with the Federal Road Safety Corps (FRSC) carried out massive education on good road habits to motorists. Motorists really appreciated it,” he said.

The coordinator also lauded motorists for heeding to the call to minimise speed and accommodating other road users during the Eld-el-Kabir holidays.

“With very few exceptions, most motorists displayed high level of responsibility on the major road corridors covered in the five-day period,’’ he said.

Eze also hailed the collaboration of the Agency and FRSC, adding that it was seamless.

“We look forward to greater working synergy with FRSC, other agencies and commissions that deal with safety and response to emergencies.

“Collaboration is the key in order for agencies and commissions to tap from the strength and best practices of each other,’’ he said.

NAN recalls that the Special Operation Eagle Eyes tagged: “Safe Eid-el-Kabir’’ lasted for five days, from July 18, until July 22.

The major roads covered included: Enugu – Abakaliki Road; Enugu – Awka – Onitsha Road; Enugu – 9th Mile – Nsukka – Obollo-Afor Road and Enugu – Umuahia – Aba – Port-Harcourt Road.

The Federal Government through NEMA staged the operation in collaboration with FRSC to ensure hitch-free flow of traffic and Nigerians getting quick emergency response to issues on the major roads.

(NAN)

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MARKETS

Gains in OANDO, TOTAL bolsters bullish sentiments in Nigerian stocks

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The stock exchange market made a bullish trend at the end of today’s trading session posting gains that increased the index by +82.38points. The All-Share Index increased by +0.21% closing at 38,667.90 from 38,585.52 index points.

The oil sector dominated with Total and Oando emerging for the second time this week as the top performers, while UPL took the biggest loss for today’s trading session.

  • The stock exchange market value currently stands at N20.2 trillion. Its Year-to-Date (YTD) returns currently stands at –3.98%.
  • The market breadth closed positive as UNIVINSURE led 30 Gainers, and 11 Losers topped by UPL at the end of today’s session.
  • The stock market has declined -1,602.82 basepoints since the start of the year.

NGX ASI top gainers

  1. UNIVINSURE up +10.00% to close at N0.22
  2. OANDO up +9.97% to close at N3.97
  3. TOTAL up +9.96% to close at N203.20
  4. CUTIX up +9.82% to close at N4.81
  5. GUINNESS up +9.14% to close at N31.65

NGX ASI top losers

  1. UPL down -9.03% to close at N1.41
  2. CHAMPION down -8.89% to close at N2.05
  3. REDSTAREX down -3.03% to close at N3.20
  4. INTBREW down -2.80% to close at N5.20
  5. NAHCO down -2.65% to close at N2.20

Outlook

  • Market sentiments trend towards the bulls as 30 gainers outweigh 11 losers.
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