Newspapers Review




Ohaneze Ndigbo



Below are the headlines found on The Guardian Online Newspaper for today, Monday, 30 October, 2017.

Mon, 30 Oct 2017
Some stakeholders in the aviation sector, including members of the National Assembly, are worried that investors from some Middle East countries are expressing interest in the planned concession of Nigerian airports.

The Guardian learnt that the interests thus far received from countries like Turkey, Saudi Arabia and Qatar are bothering the stakeholders because of the security implication for Nigeria and alleged “northern agenda” currently put forward either by coincidence or deliberately in the concession buildup.

The Federal Executive Council (FEC) recently granted approval for the concession of the four international airports in Lagos, Abuja, Port Harcourt and Kano. The approval, currently being worked out by the Ministry of Aviation, is the first phase of the plan to concession all the 22 Federal Government-owned airports nationwide.

Senior Special Assistant to the President on Media and Publicity, Garba Shehu, last week recounted the gains of President Muhammadu Buhari’s recent visit to Turkey and among the mentioned is the expression of interest by Turkish investors.

Besides Turkey, Saudi and Qatari investors have also shown interest in the multi-million dollar concession arrangement.At one of the public hearings held last Thursday, members of the National Assembly joint committee on aviation got worried about the antecedent of a country like Turkey that has lately been embroiled in political unrest, as well as serving as a channel through which arms and ammunition were smuggled into Nigeria.

Mon, 30 Oct 2017
Oil and gas logistics giant and port concessionaire, INTELS Nigeria Limited (INL), is in fresh trouble as the Oil and Gas Free Zones Authority (OGFZA) has ordered a comprehensive audit of a decade of its operations (2006-2016).The development came as INTELS, a company largely owned by former Vice President Atiku Abubakar, began to feel relief from a similar rift with the Nigerian Ports Authority (NPA).
OGFZA, in a letter to the Managing Director of INTELS, Simone Volpi, obtained by The Guardian yesterday, said it had appointed a team of auditors to carry out the compliance audit of the embattled firm, a concessionaire of NPA, over alleged “serial violation” of the laws and regulations governing operations in the free zone.

The Managing Director of OGFZA, Umana Okon Umana, said the audit would also focus on INTELS’ refusal to submit to the inspection of its records, warehouses, and equipment imported under the zero duty regime of the free zone in compliance with the OGFZA Act.

Umana accused INTELS, also a licensee of the OGFZA, and her affiliate companies of having “transferred and sold off their assets” imported into the free zone under the zero duty regime, a liberty enjoyed by only companies in the free zone. He alleged that such divestment and transfers were done “without the approval and consent of the Authority” in contravention of Section 12(6)(a-b) of the Oil and Gas Export Free Zone Act.
Giving background into the issues, Umana, explained that on March 20th, the authority issued a new Standard Operating Procedure (SOP) to enforce the laws and regulations in the free zone. But two days later, 16 affiliate companies of INTELS filed applications for deregistration from the free zone.

Mon, 30 Oct 2017
Stock market investors have expressed concern over the alleged N104million fraud levelled against the Director General (DG), Securities and Exchange Commission (SEC), Mounir Gwarzo, saying that such crisis would definitely have a multiplier effect on market.

The shareholders, who spoke in an interview with The Guardian, noted that the regulatory supervision of the stock market is worrisome, especially now when the market is gradually recovering.

They called for proper investigations into the allegation, and urged the Federal Government to intensify efforts to tackle the crisis of confidence brewing in the nation’s capital market in recent times.

Mon, 30 Oct 2017
Troops of Operation Lafiya Dole have announced the killing of three terrorists in six villages around Sambisa Forest.The spokesman of the military, Brig-Gen. Sani Usman, disclosed this yesterday in a statement in Maiduguri.

He said one of the terrorists was arrested, during a six-hour clearance operation on the eastern flank of Sambisa in Gwoza-Dure axis, adding that some of them escaped with gunshot wounds.

According to him, the troops engaged and smoked the terrorists out of their hideouts at Jango, Nduma, Gobara, Bala Ibrahim, Fulani Rogo and Takwala villages in Gwoza Local Council Area of the state.

Mon, 30 Oct 2017
Stakeholders at the recent 2017 Education Summit in Ondo State have called for a review of tuition fees.According to a communiqu, 2,000 participants drawn from across the state, submitted: 'Government should fund education at the primary school level while parents.... 

Mon, 30 Oct 2017
Ahead of tomorrow's National Executive Committee (NEC) meeting of the ruling All Progressive Congress (APC), all eyes would be on President Muhammadu Buhari to either give inkling or declare his interest for reelection in the 2019 presidential poll. 

Mon, 30 Oct 2017
Home truth 

Mon, 30 Oct 2017
AWO', as the late Chief Obafemi Awolowo is fondly called, lives and shall live forever. ''He whosoever beliveth in me though he were dead yet shall live'he whosoever liveth but beliveth in me shall never die. 

Mon, 30 Oct 2017
The Nigerian youths have been described as the usual victims of the misconduct of corrupt leaders in the country.The vulnerable members of the society also pay for the sins they do not commit due to bad governance and corruption in our society. 

Mon, 30 Oct 2017
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has urged foreign investors to come over to the country.He made the call at the weekend, at a forum of capital and money market players, investment bankers, treasurers and other fund managers at the London Stock Exchange. 

Mon, 30 Oct 2017
The Lagos State Safety Commission (LSSC) has restated its call to introduce compulsory insurance to all buildings in the state, while also kick-starting its 'Vision Zero' project, geared towards ensuring the safety of pupils in Lagos. 

Mon, 30 Oct 2017
A former Governor of Ogun State, Olusegun Osoba, has urged 'old politicians' to give chance to the younger ones as the 2019 election approaches.He spoke yesterday in Lagos at the Trek Africa Awards/National discourse tagged: 'Patriotism, catalyst for national development. 

Mon, 30 Oct 2017
With the presidential slot already zoned to them by the leadership of the Peoples Democratic Party (PDP) members of the party from the northern part of Nigeria may be throwing their weight behind the ambition of the Southwest geo-political zone to produce the National Chairman. 

Mon, 30 Oct 2017
With growing body of evidence suggesting that built environment plays a significant role in health and well-being, the chairman, Lagos Chapter of the Nigerian Medical Association (NMA), Dr. Muyiwa Odusote..... 

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