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NAIJA NEWSPAPERS: TODAY'S THE DAILY TRUST NEWSPAPER HEADLINES [29 DECEMBER, 2017]


Below are the headlines found on The Daily Trust Online Newspaper for today, Friday, 29 December, 2017.

Fri, 29 Dec 2017
Many federal agencies are unable to get releases for their multi-billion naira overhead costs as the recurrent expenditure officially ends today, Daily Trust findings have shown.
The salary and overheads constitute the recurrent expenditure, while the overheads are the cost of running the government. 
 
The overhead is comprised of payment for utilities, maintenance, security, welfare, stationaries, insurance and training.
Dozens of federal agencies recorded huge debt in electricity, water, insurance bills, among others, due to the reduction in allocations for overheads. 
The Abuja Electricity Distribution Company Ltd recently decried outstanding debts of the MDAs which runs into billions.  
Under the appropriation law, only the capital expenditure will be rolled over to the following year (2018); but spending on recurrent expenditure will officially end at the end of the year.
Daily Trust gathered that government released overheads for only seven months and below, depending on the importance of the Ministries, Department, and Agencies (MDAs).
The federal government budgeted N219.84 billion as total overheads in 2017. By the first half of the year, only N35.4 billion was released, according to official records obtained from the Budget Office of the Federation. 
Fri, 29 Dec 2017
Voters in Liberia rejected their Vice President, Joseph Boakai and elected instead a Former soccer star George Weah in a delayed run-off election meant to usher in the first democratic transfer of power in more than seven decades.
The second round was followed by weeks of legal wrangling, which delayed the vote by more than a month. The Supreme Court ultimately dismissed a legal challenge brought by a third-place finisher in October’s first round, and backed by Boakai. 


 
With 98.1 percent of the vote counted, Weah led with 61.5 percent to Boakai’s 38.5 percent, National Election Commission Chairman Jerome Korkoyah told reporters in the capital Monrovia yesterday.
Turnout in Tuesday’s vote stood at 56 percent, the election commission said.
The second round of voting fulfils the constitutional requirement of 50 plus one per cent for a candidate to be declared winner. Weah and Boakai secured the highest number of votes in the first round of the elections on October 10 among 20 candidates. 
Weah will succeed Ellen Johnson Sirleaf, whose 12-year rule cemented peace in the West African country after civil war ended in 2003, and brought in much needed aid.
Fri, 29 Dec 2017
The award jury of the Daily Trust African of the Year Award has named 34-year-old Mutaru Mumuni Muqthar as AFRICAN OF THE YEAR for 2017. 
Former President of Botswana and chairperson of the award jury, Festus Mogae said Muqthar was selected for his exemplary works on counter-terrorism which led to de-radicalization of would-be extremists in Africa.


 
He said the seven-member jury noted with satisfaction the effectiveness of Muqthar’s engagement with dozens of would-be terrorists, including a 21-year-old who was dissuaded from joining ISIS in Syria. 
President Mogae said the extra-ordinary advocacy being undertaken by this ordinary African will help to deepen the understanding of violent extremism and radicalization of youths across the continent.
Meanwhile, the award jury also named 82-year old Professor, Sir Magdi Habib Yacoub for a Life-Time Achievement Award to commemorate the tenth year anniversary of AFRICAN OF THE YEAR project. 
In choosing Prof. Yacoub, President Mogae said the jury was impressed with his indelible global accomplishments as well as his humanitarian and exemplary offer of heart surgeries to children across Africa. 
Fri, 29 Dec 2017
The Nigerian National Petroleum Corporation and the Depot and Petroleum Products Marketers Association (DAPPMA) have disagreed over the actual debt profiles among the two organisations.
While the NNPC on Wednesday alleged that DAPPMA members are owing it over N26.7 billion as at December 21, 2017, and that despite that it continued supplying them with products, DAPPMA said its  members have paid for petrol supplied (with bank funds) for over one month, the value of which is in excess of N90 billion. It said despite PPMC/NNPC had no cargo to allocate to them.


 
“As such how can we be held responsible for hoarding?”, the association asked according to its executive secretary, Olufemi Adewole. It added that PPMC/NNPC does not transact business with DAPPMA members on credit hence the association was not aware of any indebtedness to PPMC/NNPC by its members.
 “We again reject any attempt to blame marketers for the shortfall in supply as it is not our making since NNPC has been the sole importer since October 2017. Marketers have continued to sacrifice to keep the country wet with fuel despite over N600 billion debt owed our members and over N800 billion owed marketers as a whole by the Federal Government.
Fri, 29 Dec 2017
Controversy is currently swirling around the approval given by National Economic Council for the Federal Government to withdraw $1billion from the Excess Crude Account [ECA] and use it to fight Boko Haram. NEC’s decision was announced by Edo State Governor Godwin Obaseki after its meeting chaired by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja on Thursday, December 14. ECA currently has a balance of $2.3bn which belongs to the three tiers of government. Obaseki said council members expect that the money would be spent on the purchase of security equipment, procurement of intelligence and logistics, among others.
It soon turned out that not all state governors agreed with the decision. The enfant terrible of Nigerian governors, Ayodele Fayose of Ekiti State, alleged that the money was meant to fund President Muhammadu Buhari’s 2019 presidential campaign. He said, “I was not among the governors who approved the withdrawal of almost half of our savings in the Excess Crude Account, which belongs to the three tiers of government to fight an already defeated insurgency. Since they said they have defeated Boko Haram, what else do they need a whopping sum of $1 billion (over N360 billion) for, if not to fund the 2019 elections?”

Fri, 29 Dec 2017
The Niger House of Assembly on Thursday confirmed 14 nominees for commissioners after a week long screening. 

Fri, 29 Dec 2017
The ruling All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) have prayed for quick recovery of President Muhammadu Buharis son, Yusuf, who got injured in a bike accident in Abuja. 

Fri, 29 Dec 2017
Dr. Kayode Fayemi, the Minister of Mines and Steel Development, on Thursday described the attempt being made by the Peoples Democratic Party (PDP) to reclaim power in 2019 as a plot to continue to loot the country. 

Fri, 29 Dec 2017
President Muhammadu Buhari will complete projects during his second term, Senator Kabiru Gaya (APC, Kano) said this at the Presidential Villa on Thursday. 

Fri, 29 Dec 2017
The chairman, Capital Oil and Gas, Mr Ifeanyi Ubah has revealed the reason behind his last minute decamp from the Peoples Democratic Party (PDP) to support governor Willie Obiano during the recent Anambra governorship election. 

Fri, 29 Dec 2017
Former Kano state governor Rabiu Kwankwaso and his supporters are considering defecting from the ruling All Progressive Congress (APC) to to either Peoples Democratic Party (PDP) or Peoples Redemption Party (PRP), Daily Trust has learnt. 

Fri, 29 Dec 2017
The Personal Assistant to President Muhammadu Buhari on Social Media, Lauretta Onochie has blamed the pervasive poverty and undervelopment in the oil rich Niger Delta on unbridled clamour for what she called the 'entitlement syndrome' by successive Peoples Democratic Party (PDP) administrations without a clear development and economic roadmap.

Fri, 29 Dec 2017
The newly elected president of the umbrella body of all the socio-cultural organisations in the Ilorin emirate the Ilorin Emirate Descendants Progressive Union (IEDPU), Ambassador Abdulazeez Uthman, has said that the new administration would be development-driven. 

Fri, 29 Dec 2017
The wife of the pastor of a new generation church, Mrs FunmilayoOlawoyin, on Wednesday told a customary court sitting in Mapo, Ibadan, the Oyo State capital that though her husband is lazy, she still loves him and wouldnt want to leave him. 

Fri, 29 Dec 2017
The General Manager of the Lagos State Emergency Agency (LASEMA), Mr. 

Fri, 29 Dec 2017
The Lagos State Governor, Mr. 

Fri, 29 Dec 2017
Two men, suspected to be armed robbers carrying guns were arrested on Sunday morning at a motor park in Gwagwalada, FCT. 

Fri, 29 Dec 2017
Meat consumers in Kuje Area Council of the FCT have raised concerns over the use of stream water for washing of meat in the councils abattoir. 

Fri, 29 Dec 2017
The Chairman of Abuja Municipal Area Council (AMAC), Abdullahi Adamu Candido, has said the councils microfinance bank will be operational before the end of the first quarter of 2018.

Fri, 29 Dec 2017
The Nigerian National Petroleum Corporation and the Depot and Petroleum Products Marketers Association (DAPPMA) have disagreed over the actual debt profiles among the two organisations. 

Fri, 29 Dec 2017
Governor Ben Ayade of Cross River State has directed the state accountant general to immediately create gratuity account to enable the government commence the payment of 2014 gratuities to affected retired workers and pensioners. 

Fri, 29 Dec 2017
A young Nigerian Oxford University graduate and former strategy advisor, Mrs Ozohu Adoh, recently launched Epara Skincare. 

Fri, 29 Dec 2017
Bitcoin resumed its slide yesterday, dipping below $14,000 as the cryptocurrencys dizzying drop from a record set 10 days ago intensified. 

Fri, 29 Dec 2017
A finance inclusion firm, My Liberty Family (MLF), has empowered some Small and Medium Enterprises (SMEs) operators and launched new platforms to expand its scope of operations. 

Fri, 29 Dec 2017
The combined team of officials of the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR), led by the Group Managing Director of the NNPC, Dr. 

Fri, 29 Dec 2017
Mitsubishi Materials Corp said yesterday that a push to expand market share had driven a subsidiary to fake product specification, one of several compliance scandals that have come to light this year in a blow to the reputation of Japan Inc.

Fri, 29 Dec 2017
The Croatian Football Federation are in advanced talks with their Brazilian counterparts over a pre-World Cup friendly, according to reports. 

Fri, 29 Dec 2017
The Nigeria Volleyball Federation (NVF) says it will participate in a beach volleyball invitational tournament in Yaounde, Cameroon on Friday. 

Fri, 29 Dec 2017
Rafael Nadal has withdrawn from the Brisbane International with an ongoing knee injury but says he still intends to play at the Australian Open. 

Fri, 29 Dec 2017
Heavyweight world title holders Anthony Joshua and Joseph Parker are on the verge of a deal to unify their belts this spring, Parker co-promoter David Higgins of Duco Events told ESPN on Wednesday night. 

Fri, 29 Dec 2017
Liverpool forward Mohamed Salah has enough quality to play for Real Madrid, according to Egypt coach Hector Cuper. 

Fri, 29 Dec 2017
Nigerian international, Dayo Femi has told Trust Sport that he hopes to play the Portuguese top flight known as Primera Liga next season. 

Fri, 29 Dec 2017
Nuruddeen Ibrahim, a player with Ghanian father and Nigerian mother has told Trust Sport that he can play for either of the countries since he is eligible to represent both.