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NIGERIA NEWSPAPERS: TODAY'S THE DAILY TRUST NEWSPAPER HEADLINES [5TH JANUARY, 2018]


Below are the headlines found on The Daily Trust Online Newspaper for today, Friday, 5th January, 2018.

Fri, 05 Jan 2018
A presidential committee set up to find solution to the perennial fuel supply crisis is considering three options including allowing oil marketers to import fuel and sell at their own price while NNPC mega stations sell at N145 per litre.
Minister of State for Petroleum, Dr. Ibe Kachikwu who chairs the committee, disclosed this at an investigative hearing by the National Assembly yesterday. 

He said the other options are a special foreign exchange concession to oil marketers to enable them import fuel and sell at the approved N145 per litre or a special tax regime for the marketers as a way of incentive to encourage them  to remain afloat.
The NNPC, the main importer of petrol, said last week that the landing cost of the commodity was N171 per litre but the retail price is still retained at N145 per litre.
The minister said: “We are looking at the option whereby NNPC will sell at N145 and private marketers will bring their products and sell at their own price. Whichever one, we will advise the government at the end of our work.”
He said the long term solution to the perennial scarcity of the commodity is the fixing of the country’s refineries and that the business model of Petroleum in the country needs to be changed in terms of importation and distribution.
The Presidential committee is to look for “how to cushion the effect of higher prices of Crude and lower prices of downstream. It is an 18 months plan before private refineries come into stream from 2019.
“What Nigeria needs is to have refineries working. Selling Crude at raw levels is not good for Nigeria. Dangote and modular refineries are in the pipeline from 2019 and onwards to solve fuel problems or reduce it drastically,” he said.
The GMD of the NNPC, Dr. Maikanti Baru in his speech said the scarcity of the fuel was as a result of a report in the media of impending increase in the pump price, PENGASSAN’s industrial action, panic  buying, non-import by major marketers and smuggling due to price arbitrage.
In his opening remark, chairman of the committee, Senator Marafa said the investigative hearing would only focus on issues around the fuel scarcity and that all others would be looked into by relevant committees.
Fri, 05 Jan 2018
President Muhammadu Buhari yesterday commissioned the two locomotives and 10 executive passenger coaches procured by the Nigerian Railway Corporation (NRC) to be deployed on the Abuja-Kaduna train service. 
 
The president who commissioned the rolling stocks promised that all economic zones across the country and the states’ capital will be linked to the railway to facilitate businesses, human movements, and cargo. 
The Abuja-Kaduna train line service was previously commissioned in July 2016 by President Buhari. It currently runs four trips per day and transports about 1280 passengers daily to and from Abuja and Kaduna. 
“The government is committed to linking all major commercial and production centers by rail for rapid social economic development and improving the quality of life of the citizens and improving the national integration,” he said. 
President Buhari promised further investments on the service. “Other supporting projects that have been approved is the procurement of more locomotives, coaches, wagons, workshops, and equipment that would be used for standard gauge lines,” he said. 
The president also promised to ensure all the other railway expansion projects across the country are executed.
He said the government would further focus on coastal rail from Lagos-Calabar with branches to Benin, Agbor, and Onitsha to Port Harcourt. He also said another standard gauge line will be built from Port Harcourt to Maiduguri with branches to Owerri, Akwa, Abakaliki, Makurdi, Yola, and Damaturu.
The federal government will also focus on Kano-Kazaure, Daura, Katsina, Jibiya to link to Maradi in the Niger Republic as part of regional railway inter-connectivity of the ECOWAS sub-region, he said.
Buhari said the concession for the narrow gauge to General Electric should be completed this year even as he said the railway laws will be amended and regulations strengthened to attract private sector investments into the rail sector.
The minister of transportation Mr. Rotimi Amaechi said at the commissioning that the government will do everything possible to ensure that the Lagos-Ibadan double gauge railway is completed in December and commissioned first quarter of 2019. 
Fri, 05 Jan 2018
Troops of Operation Lafiya Dole deployed in Pulka have rescued one of the Chibok girls abducted by Boko Haram terrorists in 2014.

Preliminary investigations show the young girl identified as Salomi Pagu is the same as the Chibok girl published on serial 86 of the online list of abducted Chibok girls, according to a statement from Col Onyema Nwachukwu, deputy director of public relations in the Operation Lafiya Dole theatre command.
Currently the girl, who was intercepted in the company of another young girl, Jamila Adams, about 14 years old with a child, are in the safe custody of troops and receiving medical attention.
Fri, 05 Jan 2018
The South-East Zonal Supervisor, Pinnacle Oil and Gas, Mrs Amaka Okonkwo, has criticized some petroleum product marketers for hoarding and profiteering of the products, leading to the current scarcity.
Okonkwo, speaking to newsmen in Enugu yesterday, condemned the act of sabotage by some marketers whom she said created the artificial scarcity that shot up pump prices of fuel to between N250 and N300 per litre in and around Enugu state.


 
The dealer who recently took delivery of five trucks of petrol at her New Haven station, said the company was poised to help ease the artificial fuel scarcity.
“It is all about greed; the Federal Government has tried its best by injecting sufficient products into the country. It is now some of the marketers that are hoarding the products and selling above pump price, thereby making things very difficult for the masses.
“In support of the Federal Government; the Chief Executive of Pinnacle Oil and Gas, Chief Peter Mba, has said that it is wrong to create artificial scarcity because it behooves on us as marketers to support the government and ensure that products get to the end users at the approved price.
“So, we are here trying to ensure that we are in tune with what the government is doing, making sure that the situation is brought under control,’’ she stated. (NAN)
Fri, 05 Jan 2018
Students under the auspices of the National Association of Kano State Students (NAKASS) have rallied support for the second term bid of Governor Abdullahi Umar Ganduje. 

Fri, 05 Jan 2018
The National Independent Electoral Commission (INEC) in Oyo State says it has registered 128,627 new voters since the commencement of its Continuous Voters Registration exercise on April 27, 2017. 

Fri, 05 Jan 2018
Group Managing Director of the Nigeria National Petroleum Corporation [NNPC] Dr. 

Fri, 05 Jan 2018
A Federal High Court in Abuja has summoned the Independent National Electoral Commission (INEC) to appear and show cause why it should not be restrained from conducting the January 13 scheduled re-run election for Anambra state Central Senatorial seat. 

Fri, 05 Jan 2018
Ekiti State Governor, Ayo Fayose, on Thursday spoke about his life after being a two-term governor, saying his plan was to work in the Vineyard as a man of God. 

Fri, 05 Jan 2018
The Muslim Congress (TMC) has advised Nigerian Muslims to be actively involved in politics in order to offer the exceptional model for societal transformation handed down by Allah through Prophet Muhammad (SAW) for Nigeria to change. 

Fri, 05 Jan 2018
A group in support of President Muhammadu Buhari, Grassroots Mobilizers for Buhari (GMB), has condemned the renewed spate of killings in parts of the country. 

Fri, 05 Jan 2018
The Peoples Democratic Party (PDP) has demanded the immediate resignation of Rotimi Amaechi as Minister of Transportation.

Fri, 05 Jan 2018
A 28-year-old man, Sanusi Ibrahim, who allegedly stole a motorcycle valued at N150,000, was yesterday brought before a Mararaba Grade 1 Area Court, Aso Pada in Nasarawa State. 

Fri, 05 Jan 2018
A 27-year-old man, Innocent Pitman, who is standing trial for allegedly assaulting and beating up his father has been granted bail on the orders of a Grade 1 Area Court in Karu, Abuja. 

Fri, 05 Jan 2018
A Mararaba Upper Area Court in Nasarawa State, has sentenced a 28-year-old man, Victor Stephen, to six months imprisonment for causing grievous hurt. 

Fri, 05 Jan 2018
Senator Philip Aduda, representing FCT in the Senate has urged his kinsmen, the Gbagyi, to preserve their cultural heritage. 

Fri, 05 Jan 2018
The Sports Minister, Solomon Dalung yesterday said Nigeria has achieved a lot in the area of sports over the last two years ago. 

Fri, 05 Jan 2018
Aero on Thursday successfully checked and test-flew a Boeing 737 aircraft maintained by local engineers at its maintenance, repair and overhaul facility. 

Fri, 05 Jan 2018
The Niger State Government yesterday urged the new management committee of Niger Tornadoes Football Club of Minna to ensure the club win the 2017/2018 Nigeria Professional Football League (NPFL). 

Fri, 05 Jan 2018
Ondo State House of Assembly has passed a resolution to separate finance and administrative departments. 

Fri, 05 Jan 2018
Super Eagles right back Tyronne Ebuehi is being linked with a move to EFL Championship side Norwich City, according to reports in the Dutch press. 

Fri, 05 Jan 2018
The Department of Petroleum Resources has sealed MRS filling station along Achida road over diversion of truck load of fuel. 

Fri, 05 Jan 2018
Liverpool forward Philippe Coutinho will miss todays FA Cup third-round derby with Everton through injury, boss Jurgen Klopp has confirmed. 

Fri, 05 Jan 2018
The Debt Management Office (DMO) has announced that the debut Sovereign Green Bond offered to the general public in December 2017 was very well received by a wide range of investors. 

Fri, 05 Jan 2018
Everton have agreed a deal with Besiktas for striker Cenk Tosun and are now working on personal terms with the player, says boss Sam Allardyce. 

Fri, 05 Jan 2018
Jose Mourinho has branded claims he is ready to leave Manchester United at the end of the season as garbage. 

Fri, 05 Jan 2018
The Rivers State Government has released funds for the payment of sign on fees owed players of Sharks, Dolphins and Rivers Angels FC for the 2014/15 season.