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NAIJA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [10 NOVEMBER, 2017].


Below are the headlines found on The Punch Online Newspaper for today, Friday, 10 November, 2017.

Fri, 10 Nov 2017
members of the House of Representatives and other prominent Nigerians on Thursday warned Nigeria against supporting the application by Morocco to join the Economic Community of West African States.

They also said Nigeria must not consider the option of exiting ECOWAS, having sacrificed so much for regional integration in the West African sub-region.

The stakeholders spoke at a public hearing in Abuja on the ‘Review of Nigeria’s Membership of ECOWAS in View of the Clamour to Admit Morocco into the Community.’


 
They include the Nigerian Institute of International Affairs; Manufacturers Association of Nigeria; Lagos lawyer, Mr. Femi Falana (SAN); a former President of the Academic Staff Union of Universities, Prof. Dipo Fashina; a former Director-General of the NIIA, Prof. Bola Akinterinwa; and the Association of Retired Career Ambassadors of Nigeria.

The hearing was organised by the House Joint Committees on Foreign Relations and Cooperation/Integration in Africa chaired by a member from Abia State, Nnenna Elendu-Ukeje.

All the stakeholders held the view that Morocco joining ECOWAS would have regrettable economic and political consequences for the sub-region, particularly for Nigeria.

They also noted that Morocco and West Africa had no geographical closeness and would be a direct breach of the ECOWAS Treaty to admit a non-regional country into the bloc.

Both Akinterinwa and Falana noted that Nigeria was the target of Morocco’s plan, as the latter would use its tariff-free ties with the European Union to flood the country with foreign goods.

They also argued that Morocco would be used as a “destructive” and “destabilising agent” in West Africa.

Akinterinwa stated that admitting Morocco would be a contradiction for Nigeria, which over the years opposed the occupation of Western Sahara by Morocco.

He said, “There is no reason why Morocco should be in ECOWAS and I can give 12 reasons why this idea must not be supported.

“The Arab Maghreb Union has been completely bastardised by Morocco and the country is merely searching for future survival.

“The argument that Nigeria or West Africa will enjoy increasing trade benefits is flawed because the volume of trade as it stands today is only $1bn.

“That is not in any way comparable to the $345bn total GDP of West African countries.

“The reason Morocco is coming is that it is going to be used to disintegrate Nigeria.”

Falana, who shared the same opinion as Akinterinwa, told the session that the EU had for years sought to strike an Economic Partnership Agreement with ECOWAS, a move that Nigeria consistently blocked.

He noted that by admitting Morocco into ECOWAS, the EU would achieve the EPA objectives through the back door.

Fri, 10 Nov 2017
Eniola Akinkuotu, Abuja There were indications on Thursday that the man who informed the Economic and Financial Crimes Commission of the $43m, N23.2m and 27,800 (N13bn) recovered from an Ikoyi apartment in April, may be given about N325m in the light of the Federal Governments whistle-blower policy. The whistle-blower policy states that any whistle-blower whose [] 

Fri, 10 Nov 2017
President Muhammadu Buhari has inaugurated the Armed Forces Council and ratified the National Defence Policy 2017 (Revised); Harmonised Terms and Conditions of Service Officers 2017. Buhari also inaugurated the Harmonised Terms and Condition of Service for Soldiers/Rating/Airmen (Revised) among others. Speaking to State House correspondents, the Minister of Defence, Brig. Gen. Mansur Dan-Ali (retd.), said [] 

Fri, 10 Nov 2017
Oladimeji Ramon The Federal High Court in Lagos has ordered the temporary forfeiture of Flat 7B Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, 27,800 and N23,218,000 were discovered stashed away in iron cabinets and Ghana-must-go bags in April. Justice Saliu Saidu ordered the forfeiture of the flat to the Federal Government on Thursday [] 

Fri, 10 Nov 2017
Olalekan Adetayo, Abuja About 81 days after he returned to the country from his medical trip to London, United Kingdom, President Muhammadu Buhari on Thursday finally returned to his main office inside the Presidential Villa, Abuja. Buhari, who arrived the country on August 19 to a wild jubilation by Nigerians after spending over 100 days [] 

Fri, 10 Nov 2017
Olufemi Atoyebi, Ibadan Vice-President Yemi Osinbajo has called on Nigerian youths to utilise the productive period of their lives, noting that while time waits for no one, obtaining a degree certificate does not always translate to success in life. Osinbajo spoke at the 10th convocation of the Lead City University, Ibadan where 590 students were [] 

Fri, 10 Nov 2017
Adelani Adepegba, Abuja The BringBackOurGirls coalition has said it will resume its daily protest march to the Presidential Villa, Abuja from Tuesday. The movement said that nothing had been heard from the Federal Government since 82 of the Chibok schoolgirls abducted by Boko Haram were released in May, 2017. The BBOG spokesman, Sesugh Akume, in [] 

Fri, 10 Nov 2017
Ade Adesomoju, Abuja The Federal High Court in Abuja on Thursday awarded the sum of N12.5m as damages in favour of Peace Corps of Nigeria, its National Commandant, Dickson Akor, and 48 other members over the invasion of their headquarters in Abuja on February 28, 2017. In his judgment delivered in the fundamental human rights [] 

Fri, 10 Nov 2017
Leke Baiyewu, Abuja The Senate on Thursday approved the move by the Ogun State Government to obtain a $350m loan from the World Bank. The upper chamber of the National Assembly also approved the 2018 budget of the Federal Capital Territory with a total estimate of N222,360,551,512. The approval of Ogun States loan request followed [] 

Fri, 10 Nov 2017
Ade Adesomoju, Abuja The Economic and Financial Crimes Commission, at the Federal High Court in Abuja, on Thursday opened its case of alleged N1.1bn fraud against Shamsudeen Bala-Mohammed, a son of a former Minister of the Federal Capital Territory, Mr. Bala Mohammed. The commission called one of its detectives involved in the investigation of the [] 

Fri, 10 Nov 2017
Sesan Olufowobi Governor Akinwunmi Ambode of Lagos State on Thursday inaugurated some lay-bys and service roads in Ketu, saying such would address the gridlock in the area. The governor, who stated that his administration was committed to addressing transport challenges across the state, added that the government would soon bring 5,000 buses into the state [] 

Fri, 10 Nov 2017
Sesan Olufowobi The Lagos State Government has said reforms in the state public service have led to efficient service delivery to the people. Governor Akinwunmi Ambode, who stated this on Thursday at a pull-out organised in honour of the retiring Head of Service of the state, Mrs. Olabowale Ademola, noted that there had been a [] 

Fri, 10 Nov 2017
Afeez Hanafi A former Federal Commissioner for Works, Alhaji Femi Okunnu, has said it is wrong to say Lagos is not part of Yorubaland. He insisted that the state had always been a Yoruba state, noting that no amount of history could change the status. Okunnu, according to a statement on Thursday, spoke at the [] 

Fri, 10 Nov 2017
Chukwudi Akasike,Port Harcourt THE Movement for the Survival of the Ogoni People on Thursday gave the Federal Government till December to commence the clean-up of Ogoniland in Rivers State or be ready to face the anger of the people. MOSOP decried the Federal Governments delay in starting the exercise after it was inaugurated a year [] 

Fri, 10 Nov 2017
Gbenga Adeniji Prominent lawyer, Chief Afe Babalola, has said the Aare Ona Kakanfo is greater than the title of a chief. The Senior Advocate of Nigeria, who is also the Founder and President of the Afe Babalola University, Ado Ekiti, Ekiti State, also congratulated the National Coordinator of the Oodua Peoples Congress, Chief Gani Adams, [] 

Fri, 10 Nov 2017
Olaleye Aluko, Abuja The Federal Government through the National Agency for the Prohibition of Trafficking in Persons said it had received 149 Nigerians from Libya since Monday, when the corpses of 26 Nigerian women were reportedly found in Salerno, Italy. The NAPTIP Director of Press and Public Relations, Mr. Josiah Emerole, in an exclusive chat [] 

Fri, 10 Nov 2017
Olufemi Atoyebi, Ibadan The Olubadan of Ibadan land, Oba Saliu Adetunji, has said he does not need the endorsement of the high chiefs before he can confer honorary traditional titles on recipients. Our correspondent learnt that the monarch will on November 11, 2017, honour the Minister of Communications, Adebayo Shittu, with the title of Agbaakin [] 

Fri, 10 Nov 2017
The Ogun State Governor, Ibikunle Amosun, will be distributing Certificates of Occupancy and other land title documents to another batch of beneficiaries under the Homeowners Charter Programme on Monday. The Director General, Bureau of Lands and Survey, Mr. Biyi Ismail, who disclosed this in his office, said that the beneficiaries would collect their documents on [] 

Fri, 10 Nov 2017
Olaleye Aluko withagency reports Fresh documents about the controversy over an alleged $1.4m contract scam have indicated that the Minister of Defence, Brig. Gen. Mansur Dan-Ali (retd.), and two of his ministrys officials, have not come clean about details of the contract. The contract documents, obtained and published by an online newspaper, The Cable, on [] 

Fri, 10 Nov 2017
Umar Muhammed, Lafia The Nasarawa State Chairman of the Internal Revenue Service Board, Mr. Usman Okposhi, said his agency has sealed off 10 commercial banks in the state for failing to remit taxes deducted from clients in 13 local government areas of the state. Okposhi, who disclosed this in an exclusive interview with Northern City [] 

Fri, 10 Nov 2017
Olaide Oyelude, Katsina A former Speaker of the Katsina State House of Assembly, Umar Gwajogwajo, narrowly escaped death on Wednesday in a lone road accident involving his car. His driver, Abubakar Kwatarawa, however, lost his life in the auto crash which occurred around Bum-bum community in the Maiadua Local Government Area of the state. Gwajogwajo [] 

Fri, 10 Nov 2017
Police in Florida have arrested a 22-year-old man for allegedly killing three homeless men during a week-long spree late last month in and around the city of Fort Lauderdale. Fort Lauderdale police said Daniel Petgrave, who was homeless himself, confessed after his arrest on October 27, the day of the last slaying. The first death [] 

Fri, 10 Nov 2017
PREVIOUSLY dismissed as a distant notion, Nigeria is being consumed by the rising menace of drug abuse. Instead of just being a dot on the consciousness, the tragic phenomenon now cuts across all strata of the society. Along with other non-state actors, a non-governmental organisation has brought the issue to the fore again, urging the [] 

Fri, 10 Nov 2017
John Alechenu and Olusola Fabiyi As the Peoples Democratic Party prepares for its national convention to elect national officers on December 9 in Abuja, Governor Seriake Dickson of Bayelsa State has warned against imposition of candidates on the party. Dickson, in a press statement signed by his Chief Press Secretary, Francis Agbo, in Abuja on [] 

Fri, 10 Nov 2017
Tony Okafor, Awka The Nigeria Security and Civil Defence Corps on Thursday said it would deploy no fewer than 300 dogs for the conduct of the Anambra State governorship poll scheduled for November 18. It added that it would engage 11, 000 personnel from seven states for the election. The Anambra state Commandant of the [] 

Fri, 10 Nov 2017
Tony Okafor, Awka Barely a week to the Anambra State governorship election, some clerics in the state have given their support to a former aviation minister, Mr. Osita Chidoka, who is the standard bearer of the United Progressive Party in the poll. Our correspondent gathered that among the clerics who are interceding for Chidoka are [] 

Fri, 10 Nov 2017
Oyetunji Abioye The Chairman, the Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, says the National Assembly will support the Asset Management Corporation of Nigeria to realise its debt recovery mandate. Ibrahim said the Senate had discovered the need to give more support to the corporation to succeed in line with [] 

Fri, 10 Nov 2017
State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV (Petrobras Africa), after being joined in the sale by shareholders Grupo BTG Pactual SA and Helios Investments. Heavily indebted Petrobras announced plans this week to sell its 50 per cent stake, and began sending information on the [] 

Fri, 10 Nov 2017
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, says the regulator's intervention funds initiatives are meant to stabilise the economy and preserve ailing sectors from collapsing. He said the interventions funds programmes were also important just as its statutory roles of stabilising the macro-economic environment, protecting the country's legal tender and achieving [] 

Fri, 10 Nov 2017
Ecobank Nigeria says some of its senior staff members have embarked on mentoring students in various secondary schools across the country on the importance of savings as part of events marking 2017, World Savings Day. At Government Girls Unity College, Damaturu, Yobe State, the Managing Director of the Bank, Mr. Charles Kie, spoke on the [] 

Fri, 10 Nov 2017
The Delta State Commissioner for Economic Planning, Dr. Kingsley Emu, says the National Competitiveness Council of Nigeria has rated his state the second after Lagos State in terms of national competitiveness. The NCCN, in partnership with Ford Foundation and Tony Elumelu Foundation, recently released the Sub-National Index Overall State Ranking for 2017 which saw Delta [] 

Fri, 10 Nov 2017
Stanley Opara Out of the five major indices of the Nigerian Stock Exchange, the banking index led losses at the close of trading on Thursday, as Zenith Bank Plc and United Bank Plc shares declined respectively by 1.9 per cent and one per cent. Overall, the banking index shed 0.3 per cent followed by the [] 

Fri, 10 Nov 2017
Stanley Opara The Central Securities Clearing System Plc says it will increase automation and improve efficiency in the Nigerian capital market with the deployment of the TCS BaNCS, a world-class multi-asset class solution for securities depository, clearing and settlement. The solution replaced the NASDAQ Equator which has been in use since inception of the company [] 

Fri, 10 Nov 2017
Stanley Opara Technology firm, e-Tranzact International Plc reported a third quarter loss before tax of N6.08m for the nine-month ended September 30, 2017. The company had reported a profit before tax of N178.656m for the same period in 2016. But the technology company's revenue rose to N2.9bn for the third quarter of 2017, against N2.5bn [] 

Fri, 10 Nov 2017
Guinness Nigeria Plc says it is looking at driving geometric sales of its Smirnoff brand to boost its overall top line (turnover), going forward. The brewer said it had expanded its portfolio by going into the production of locally manufactured spirits. To this end, it recently launch additional brands such as Smirnoff X1 Intense Chocolate [] 

Fri, 10 Nov 2017
Stanley Opara with agency report The share price of MTN Group Limited extended gains after Nigerian lawmakers ruled that allegations of illegal repatriation of almost $14bn were unfounded and the wireless company had not violated the law. There were no 'proofs of collusion to contravene the foreign exchange laws,' a Senate investigative committee said in [] 

Fri, 10 Nov 2017
Oyetunji Abioye Personalbanking@punchng.com As the New Year draws close, it reminds you of the fact that it's time to set some serious goals. These 10 goals will help you make lasting changes and take control of your finances, according to www.thebalance.com. Whether you choose to do just a few of them or you are ready [] 

Fri, 10 Nov 2017
Everest Amaefule, Ifeanyi Onuba and Okechukwu Nnodim The Federal Government has in the last two years increased the capital allocation to five key ministries by 75 per cent, an analysis of the 2018 budget provisions before the National Assembly has shown. The combined provision for the execution of capital projects in the ministries of Power, [] 

Fri, 10 Nov 2017
The Executive Chairman of BUA Group, Abdulsamad Rabiu, has stated that over $2bn is saved yearly from more than 25 million metric tonnes of cement produced by local manufacturers. This, he said, could be attributed to recent investments in the cement industry. He stated this at the end of the Presidential Industrial Advisory Council meeting [] 

Fri, 10 Nov 2017
Ifeanyi Onuba, Abuja Vice President Yemi Osinbajo on Thursday said the Federal Government would tackle the worsening poverty in the country through the activities of Development Finance Institutions such as the Bank of Industry and Bank of Agriculture. While speaking at the opening session of the 2017 Chief Executive Forum of African Development Finance Institutions [] 

Fri, 10 Nov 2017
Ifeanyi Onuba, Abuja The Executive Chairman, Federal Inland Revenue Service, Mr. Babatunde Fowler, on Thursday called on tax defaulters to take advantage of the Federal Government's Voluntary Asset and Income Declaration Scheme before the expiration of the March 31, 2018 deadline of the initiative. Fowler said tax defaulters who fail to take advantage of the [] 

Fri, 10 Nov 2017
Akinpelu Dada The Federal Government is targeting collaboration with private investors in developing truck transit parks estimated to cost over N4.8bn in different parts of the country. The objective of establishing the parks is to address the menace of truck congestion at the seaports and the indiscriminate parking on road shoulders and access ramps on [] 

Fri, 10 Nov 2017
Anna Okon Qatar Airways has said that it is providing reduced fares on its economy and business class cabins to mark its 20th anniversary. The airline, which made this announcement in a statement on Thursday, added that it was offering 20 winners of the promo a privilege club gold membership and discounts of up to [] 

Fri, 10 Nov 2017
Ifeanyi Onuba, Abuja The Nigeria Incentive-based Risk Sharing system said it would begin the implementation of a partnership with the Machine and Equipment Consortium Africa, and the National Agency for Science and Engineering Infrastructure that would see the addition of fresh N1.4tn to Nigeria's Gross Domestic Product. The Managing Director of NIRSAL, Mr. Aliyu Abdulhameed, [] 

Fri, 10 Nov 2017
Anna Okon The Development Bank of Nigeria has called for a sustained support and improved access to finance for the Micro, Small and Medium Enterprises as a means of managing the growing employment need in the country and addressing the global domestic population explosion. The Chairman, DBN, Dr. Shehu Yahaya, made this call when Queen [] 

Fri, 10 Nov 2017
Anna Okon Japan External Trade Organisation, a Japanese government agency that promotes mutual trade and investment between Japan and other nations, has announced that the Japanese pavilion at this year's Lagos International Trade Fair features 33 Japanese brands. The 10-day fair began on Friday and it is JETRO's fourth year of participation since 2014. A [] 

Fri, 10 Nov 2017
Shoprite Nigeria said it recently hosted the 22 winners of brand new Hyundai Grand Xcent cars at its two-month promotional campaign tagged, 'win a car birthday promotion'. The campaign held between August 21 and October 8 required customers to buy any of Shoprite's 11 products to stand a chance of winning. Shoprite Nigeria's Executive Director, [] 

Fri, 10 Nov 2017
Rasheed Bisiriyu Toyota Nigeria Limited is set for an exclusive auto show in Abuja for the display of its 'wonders on wheels' and hopes to capture more vehicle buyers to sustain its leadership position in the auto industry The Toyota auto show coincides with the parent company, the Toyota Motor Corporation's revision of its consolidated [] 

Fri, 10 Nov 2017
Rasheed Bisiriyu The Nigerian Breweries Plc says it will continue to support road safety campaigns as long as it will ensure safe driving and keep road users alive to contribute to the development of the country. The Managing Director, Nigerian Breweries, Mr. Johan Doyer, said this, adding that the campaign was to discourage drink driving [] 
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